Tens of millions of COVID-19 shots being thrown away as demand drops
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Amid declining demand, tens of millions of COVID-19 vaccines are being discarded by drugmakers, governments, and vaccination sites, a sharp contrast from the early days of the immunization drive when shots were in short supply.
According to The Wall Street Journal, vaccine maker Moderna (NASDAQ:MRNA) recently threw away about 30M doses of its messenger RNA-based shot as procurements dropped amid the waning impact of the pandemic.
“We are now throwing doses in the garbage,” Moderna (MRNA) Chief Executive Stephane Bancel said in May at the World Economic Forum in Davos, Switzerland. “It’s sad to say.”
According to the Centers for Disease Control and Prevention (CDC), about 90.6M COVID-19 vaccine doses have gone to waste in the U.S. That is about 11.9% of the more than 762M vaccine doses delivered since the vaccination drive began in late 2020.
The disposals have risen recently, with 12M doses discarded since late May even as younger children in the U.S. became eligible for COVID-19 vaccines. In June, the regulators cleared COVID-19 shots for kids as young as six months.
The U.S. is not the only country facing the issue. Germany deposed about 3.9M COVID-19 vaccine doses that expired at the end of last month.
Canada has thrown out 1.2M expired doses of the Moderna (MRNA) vaccine, and the country plans to discard about 13.6M doses of AstraZeneca (AZN) COVID-19 vaccine, according to the government health department.
Health experts cite vaccine packaging as another reason for wastage. The multi-dose vials containing five – 20 doses should be used within about 12 hours once opened, or the remaining doses should be discarded if there are not enough recipients.
Pfizer (PFE), which introduced the first FDA-approved COVID-19 vaccine in partnership with BioNTech (BNTX), is planning to develop a single-dose vial.
Even as the demand for first-generation COVID-19 vaccines drops, regulators in the U.S. and Europe have advised drugmakers to develop modified COVID-19 shots in anticipation of booster campaigns in the fall.
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It may only be available for tonight, but worth a try.

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(yeah, its ironic, you got it)

Contrary to what most Americans probably believe, little of the total was allocated for COVID vaccines, treatments and testing. Only 11% ($484 billion) was routed to the Department of Health and Human Services, the agency most directly involved with responding to public-health emergencies. By the end of November, HHS had only obligated 80% and spent 47% of its funds."Much more at the linked article. The Biden admin claimed in May it needed money because of a coming new winter surge. abcnews.go.com/... Just another underhanded effort to legislate the money today for 'reprogramming' towards Biden ideological purposes later and no honest intent of using it for covid. That's how the Dems do it, they pass bills that are politically popular - like with "Infrastructure" - but they don't do any of the stated purposes - like with the "Infrastructure Bill". An unfunded $1.2T bill where the Biden admin has JUST allocated a measly $1B to airports. Ask yourself just what are they doing with the rest of the money?? If you answered 'shenanigans' you'd be right.


long live the government, long live the planned economy my friend (any news on the FED? you know, they are the only ones deciding where markets go 😘)
Pretty good estimate. My figure from early 2021 was about 99.85%. I suspect the survival rate is even higher with the milder strains since then, as well as the tendency that earlier waves cull the most vulnerable.Your other comment is much more relevant investment wise: All medications have limited shelf life. The mRNA jabs especially so. Recall how at least when first released, they required storage in a deep freeze? As for stockpiling, that is just one aspect of mass vaccination programs. It's hardly unique to the Covid-19 vaxxes. Perhaps I'm over-simplifying, but in most nations it's the government(s) that pay for the vaccine doses. The public basically gets them at no direct cost. Logistics requires that big contracts be signed, millions of doses ordered and be stockpiled.So, the vaccine business will continue as it has existed for years. Or will it? On the optimist side, a case can be made that the ability to rapidly develop new "vaccines" will make it easier to produce new products, to react to changing needs, to meet the latest virus or other disease threat. Ah, but we must consider the pessimist case. Given the skullduggery of the past three years, the clear jettisoning of traditional standards of medical testing, safety and ethics, the complete absence of proof of long-term safety or even efficacy of the "vaccines," all in the name of emergency (and usually unstated, in the pursuit of profits and power) how much of the public trust remains for taking future vaccines even at zero cost, remains to be seen.