276702

Driving Market Forces for Covid-19 Vaccines Industry: The Case of the Comirnaty Vaccine

Article

Last updated: 05 Jan 2025

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Tags

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Abstract

Comirnaty, a COVID-19 vaccine developed by BioNTech and Pfizer, has been a significant player in the global fight against the coronavirus pandemic. We studied the Comirnaty vaccine's demand, supply, demand and supply elasticity and the strategic analysis that consisted of SWOT analysis and PESTEL analysis. Several factors, including the global spread pattern of COVID-19, the vaccine's effectiveness, and the availability of alternative vaccines, drive the demand for Comirnaty. The supply of Comirnaty is influenced by factors such as manufacturing capacity and the development of new vaccines. The elasticity of demand for Comirnaty is high, with a significant increase in demand at lower prices and a decrease in demand at higher prices. Overall, the market for Comirnaty is complex and dynamic, with demand and supply being influenced by various factors. We expect a dramatic change in the market forces after the announced commercialisation of Comirnaty directly to the end consumer in the USA.

DOI

10.21608/msamsj.2022.180262.1001

Keywords

Market analysis, COVID-19 vaccines' market, Market Forces, Demand and Supply

Authors

First Name

Amr

Last Name

Mohamed

MiddleName

Mohamaden Abdelkader

Affiliation

ESLSCA Business School, ESLSCA University, Cairo, Egypt. Technical Customer Support (TCS), West Pharmaceutical Services Deutschland GmbH & Co KG, Eschweiler, Germany.

Email

amr.mohamed21bg@eslsca.edu.eg

City

-

Orcid

0000-0001-6676-1214

First Name

Shaimaa

Last Name

Abdelaziz

MiddleName

N.

Affiliation

ESLSCA Business School, ESLSCA University, Cairo, Egypt.

Email

shaimaa.abdelaziz21bg@eslsca.edu.eg

City

-

Orcid

0000-0001-6214-3259

Volume

1

Article Issue

1

Related Issue

38122

Issue Date

2022-08-01

Receive Date

2022-12-11

Publish Date

2022-08-01

Page Start

129

Page End

144

Print ISSN

2974-3028

Online ISSN

2974-3036

Link

https://msamsj.journals.ekb.eg/article_276702.html

Detail API

https://msamsj.journals.ekb.eg/service?article_code=276702

Order

276,702

Type

Original Article

Type Code

2,535

Publication Type

Journal

Publication Title

MSA-Management Sciences Journal

Publication Link

https://msamsj.journals.ekb.eg/

MainTitle

Driving Market Forces for Covid-19 Vaccines Industry: The Case of the Comirnaty Vaccine

Details

Type

Article

Created At

23 Jan 2023