Stock Watch: The Rise Of Vaccine Cannibalism
Sales Of Non-Coronavirus Vaccines Are Not Immune To The Pandemic
Influenza and pneumococcal vaccine sales were initially strong at the start of the pandemic. Recent weak revenues for travel, childhood and premium vaccines could raise population immunity concerns, however.
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Without giving ACIP a chance to vote on the change or providing additional data, CDC announces new guidance allowing coadministration of COVID-19 vaccines with other immunizations. Needless to say, the decision raised a few eyebrows.
The company, in the midst of a leadership and structural transition, said the pandemic negatively impacted revenues by about $600m.
A CDC recommendation slowed non-pandemic vaccinations, but Shingrix shots will likely increase as more eligible consumers are fully vaccinated against SARS-CoV-2.