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Pfizer, Moderna seen reaping billions from COVID-19 vaccine booster market

13 Sept 14:09 Key points summarised by AI

Pfizer, BioNTech, and Moderna are poised to earn billions from COVID-19 booster shots, with the market expected to rival the annual $6 billion flu vaccine sales.
The demand for boosters is driven by evidence of waning immunity, the rapid spread of the Delta variant, and initial government authorizations for vulnerable groups.
Analysts project substantial booster sales for these companies in 2023 and beyond, following over $60 billion in initial vaccine sales secured for 2021-2022.
The long-term market will see increasing competition and potential government intervention in pricing, similar to the established flu shot market, though initial pricing power for Pfizer and Moderna remains strong.

20 Oct 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.