Moderna CEO in 2019: "Going to be a pandemic next year"?

https://pennybutler.com/moderna-ceo-davos-2023/ What did he say? It sounds like Moderna's CEO said that when the pandemic happened in 2019, they made 100,000 doses that year, and then that: we need to make a billion doses next year because "there's going to be a pandemic". Did I hear that right?
This clip taken from Timestamp: 9:53-21:40 from the Full Video:
WEF YouTube Channel: https://www.youtube.com/watch?v=nXlCiFaBP1s
(06 Feb 2023 - State of the Pandemic | World Economic Forum | Davos 2023)