Tuesday, January 18, 2022
Home Business Pfizer raises Covid vaccine sales forecast to $36 billion

Pfizer raises Covid vaccine sales forecast to $36 billion


Vials with a sticker reading, “COVID-19 / Coronavirus vaccine / Injection only” and a medical syringe are seen in front of a displayed Pfizer logo in this illustration taken October 31, 2020.

Dado Ruvic | Reuters

Pfizer on Tuesday raised the full-year sales forecast for its Covid-19 vaccine by 7.5% to $36 billion, as it signs deals with countries for booster doses and receives clearances for using its shots in children.

The company had in July forecast sales of $33.5 billion from the vaccine it sells with BioNTech.

Driven by an unprecedented vaccination drive against the Covid-19 pandemic globally, Pfizer’s shot has quickly become one of the best-selling products in the company’s roughly 172-year history.

The company, which was well known for drugs such as Xanax and Viagra, equally splits expenses and profit with its German partner.

Pfizer expects to deliver 2.3 billion doses of the vaccine, out of the roughly 3 billion it expects to make this year.

This story is developing. Please check back for updates.



Source link

RELATED ARTICLES

Australia suffers deadliest day of pandemic as Omicron drives up hospital cases By Reuters

SYDNEY (Reuters) - Australia on Tuesday suffered its deadliest day of the pandemic as a fast-moving Omicron outbreak continued to push up hospitalisation...

Jill and Amy Duggar: Did They Join Forces to Destroy Jim Bob’s Evil Empire?

In the years before Josh Duggar was arrested on child pornography charges, critics of his famous family often hoped that the Duggar media...

Jen Shah Gets Physical With Lisa Barlow in Nasty RHOSCL Bus Brawl

Whether it's entirely her fault or it's some wild, improbable misunderstanding, Jen Shah is not having a great time. This week's episode of The...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Australia suffers deadliest day of pandemic as Omicron drives up hospital cases By Reuters

SYDNEY (Reuters) - Australia on Tuesday suffered its deadliest day of the pandemic as a fast-moving Omicron outbreak continued to push up hospitalisation...

Jill and Amy Duggar: Did They Join Forces to Destroy Jim Bob’s Evil Empire?

In the years before Josh Duggar was arrested on child pornography charges, critics of his famous family often hoped that the Duggar media...

Jen Shah Gets Physical With Lisa Barlow in Nasty RHOSCL Bus Brawl

Whether it's entirely her fault or it's some wild, improbable misunderstanding, Jen Shah is not having a great time. This week's episode of The...

Celebrities Who Died In 2022: In Memoriam

Gone. But never forgotten. That's the theme of this melancholy slideshow on The Hollywood Gossip, as we stop and pay homage to the stars who...

Recent Comments