Many health experts say Covid is going to be endemic. www.yahoo.com/… As CBS News explains: “public health experts say… COVID-19 is never going to end. …researchers say there’s simply no track record of infectious diseases being completely eradicated, and everything about COVID-19 shows that it will be no different… Scientists say all of this makes the virus essentially impossible to control.” www.cbsnews.com/…
The Mayo Clinic’s vaccine chief said: “There is no eradication at this point, it’s off the table. The only thing we can talk about is control. amp.usatoday.com/…
The chief medical officer of BioNTech said Covid booster shots will be “necessary” because “it is the nature of immune responses that … they spike and stay for a time, but with time immune responses wane. We see this in the induced and the natural immune response against [Covid], we see this waning of immune responses.” www.cnbc.com/…
Moderna’s CEO said, “the level of antibodies [is] going to go down, that is normal and natural.” He said boosters “are going to be required” and will “be really important to keep the country safe and open.” www.foxnews.com/…
Novavax’s head of R & D agrees: “Everyone will need to be boosted. This is a viral respiratory disease, and we know from the flu that immunity from an infection is good for maybe 12 months, maybe 18 months, and after that people become susceptible again. After that, we’re going to have to boost.” www.politico.com/…
Another reason boosters are needed is mutations. In a March survey of 77 health experts, two-thirds said within a year Covid will mutate enough to make most vaccines ineffective. 18.2% think it may take longer. Since then, variants have gotten much worse, including many that show serious resistance to vaccines. reliefweb.int/…
Tests by 41 researchers indicate that variants escaping vaccines “will be inevitable.” Many richer countries plan to give variant booster shots in 2022 before half of the world even gets their first dose. www.nature.com/…
As a result, a leading market research firm (IQVIA Institute for Human Data Science) says the Covid vaccine market will total $157B by 2025, an average of $31.4B per year. www.reuters.com/…
Also, I think IQVIA is being conservative and that revenues will be higher than $157B. It reports doses in 2021 cost $22 per dose, but it assumes they will be only $9 per dose in 2023, $7 in 2024 and $5 in 2025. Those would be massive drops of 59%, 68% and 77%. I think prices will be much higher because: a) Most OWS companies have repeatedly said they’re going to raise their prices, not the other way around. b) the adenovirus vaccines aren’t suitable as boosters, which you can see here. That greatly reduces competition. c) The RNA vaccines, which are a major part of the market, can’t be profitably made at $5. d) Lots of flu vaccines exist, yet they are still $27 to $69 per dose.
Also, studies have found that about 20% of people with asymptomatic Covid get Long Covid, and a much higher % of people with mild Covid get Long Covid, which can destroy your quality of life for the rest of their life. Covid gets into nearly all organs of the human body. I don’t think that people are going to just focus on hospitalization at all. The only way to keep it under control is vaccinations.