Moderna CEO predicts that not everyone will need an annual COVID booster

The COVID-19 booster market is starting to look more like an annual flu season than it did in the first two years of the pandemic.

That's according to Moderna (MRNA) CEO Stéphane Bancel, who joined Yahoo Finance's 2022 All Markets Summit to discuss the COVID vaccine outlook.

Bancel noted that not everyone is likely to need an annual booster. "I think it's going to be like the flu. If you're a 25-year-old do you need an annual booster every year if you're healthy? You might want to ... but I think it's going to be similar to flu where it's going to be people at high risk, people above 50 years of age, people with co-morbidities," Bancel said. ...