Earnings Sentiment

Sentiment Analysis of the earnings transcript to help figure out if there are any bullish or bearish sentiments that could be gathered from it. We're doing ML and AI based analysis on the earnings call to get some more insights.

Please consider a small donation if you think this website provides you with relevant information  

    

Sentiment Distribution

   

Earnings Call Transcript Word Cloud

     

Bullish Statements during Earnings call

Statement
And so we'll keep updating as we go through the year, but we're making really good progress on both fronts
One, we always thought we had a really strong product, great efficacy, great profile, even the prefilled syringe that was provided where we thought we had answered a lot of questions
So we see upside in the current year because there's going to be approvals we think much more in line because it will be a second year with respiratory vaccines
But we actually think we are in a strong position in a strategic side
On the long-term, and we hope we have the best product, you know, full stop
I mean I think in many ways that $2 billion market that you just referenced really --- is the positive surprise in the opportunity
We're quite pleased that -- so far -- quite fortunate so far in our clinical studies we have not seen a GBS signal, but at the end of day, there is -- it's a place that I think ACIP and public health will continue to monitor costs
And so we're making great progress
And again, if you look at different markets, could have different answers to that, I think our -- we have a good confidence
The second thing is we have to show good safety and a favorable reactogenicity profile
They wanted to go generate more data, but I think we still saw a really good uptake
And we're actually optimistic that it will make substantial progress this year
And so over time, we hope the ability to make later strains selection is better matched, and particularly in mismatch here potential for better performance
Normal course standard people should get this booster high-risk people as was recommended last week should get twice a year 65 plus
And you're right, those numbers are trending better than the prior placebo competitor
And so we're pretty excited by that
But last year, I was impressed by the fact that you guys increased the market share from 37% to 48%
Moderna on that, we made great progress
So we do believe we have the right platform for respiratory vaccines, and we do believe that over time, those things will -- long-term will help build that story with data that we have generated
Point estimate has to be favorable
And we see a real benefit in a real need to lean in
We saw that in the Phase 1/2 data that we shared earlier so we're pretty optimistic that we'll see that in the Phase 3
It certainly supports if you trend that out and say over the next few years we're going to drive towards that better vaccine coverage rate, you can imagine $6 billion to $8 billion starts to become a reasonable estimate
And if you can decrease the labor input that people have to put into delivering the healthcare, you're going to get better outcomes
I think the unappreciated thing is to the extent to which that we have used the last three to four years to dramatically diversify and expand this pipeline to a scale that we think in the next years, very shortly in months to years starts to demonstrate the power of this platform, and will turn us into a very, very different looking company
And so we think that more normal standard messaging will allow people to prepare and ultimately provide better vaccination coverage, which is really what public health and we want to achieve
Obviously, the data has to be positive
So changing the strains selection so that you have a more diverse set of strengths and you get we think better protection against the circulating strains, a mRNA-1011 program as to H3 for instance
Tyler Van Buren And we weren't able to get to the Phase 3 CMV trial read-out by the end of the year, which is an exciting opportunity, as well as the orphan programs and several others
We know it's a show-me year for us, both on the commercial side, we got to do it again, and hopefully, a little bit better with our -- and then add RSV to it and pipeline side
       

Bearish Statements during earnings call

Statement
And we also lost a lot of people we think they came in to get their flu vaccine early in the season, quite motivated and maybe for whatever reason didn't make it back to the pharmacy or the doctor's office for that booster
And I think there is a binding concern on fortunately very rare, but still signals of GBS that have emerged in the other two companies' trials and is present in some of the follow-up data
In the case of the COVID vaccines, because they were really rolled out at the end of September, we lost that whole month
Tyler Van Buren Why is it apparently relatively easy for you guys to have prefilled syringes for your vaccines and difficult for the others? Stephen Hoge Well, again, I can't speak to what other challenges were, right, because
I think like the COVID situation, it was the first year, the recommendation was a little bit massive
I think if you pull all the way back, and clearly, there is a view that RSV is a real burden of disease and there is a desire to get more people vaccinated against it
None of that should be terribly surprising
And with that confirmation of durability now passed three years really is statistics getting pretty unequivocal in that durability data
So not -- a couple of things
There were a number of things about the US launch of our product and our competitors' products were a little suboptimal for respiratory vaccination
But it's a meaningful decrease in efficacy
And again, remember that in 2021 and 2022, we were supply-constrained
There is a question about obviously the frequency of boosting, and I think that will take more data to resolve, but I think there is general acceptance that if it's not one-and-done because you're seeing this 20% decrease between years, between many other products in over time in the vaccine efficacy, and obviously, that's something you can fix with boosting we think
But for that reason, it makes some sense
I think the second thing is there is a view that RSV vaccines like flu and COVID vaccines are going to weigh
   

Please consider a small donation if you think this website provides you with relevant information