How Much Did Pfizer Make From Covid Pfizer BioNTech Moderna and Sinovac made an extraordinary USD 90 billion in profits on their COVID 19 vaccines and medicines in 2021 and 2022 SOMO s new report Pharma s Pandemic Profits shows that these enormous gains are largely due to decades of research funded by public investment billions in grants for development and production
Total sales of the Pfizer BioNTech vaccine surpassed 80 billion and more than 400 million doses of the shot and subsequent boosters have been administered in the U S alone Pfizer recorded 7 8 billion in U S revenue for its COVID vaccine in 2021 The government has options to buy 1 6 billion Pfizer vaccine doses and has so far bought 900 million of them including 500 million purchased at not for profit prices to be donated to poor countries Pfizer s terms in the contracts exclude many taxpayer protections
How Much Did Pfizer Make From Covid
How Much Did Pfizer Make From Covid
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Pfizer s COVID 19 Vaccine What s The Earliest It Could Be Available
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How much money have Pfizer and Moderna made off their COVID 19 vaccines They re shaping up to be the most lucrative pharmaceutical products ever The world has been elated by the roll out of multiple highly effective vaccines that prevent coronavirus disease 2019 COVID 19 Pfizer s often repeated statement that it invested 2 billion and did not receive any government research funding to develop its vaccine paints an incomplete picture because its partner BioNTech
The US Food and Drug Administration on Friday granted emergency use authorization for the Covid 19 vaccine from Pfizer for children ages 5 to 11 Final approval of the vaccine for children is up On November 9 the day Pfizer announced its more than 90 percent vaccine efficacy Pfizer CEO Albert Bourla sold more than half of his holdings 62 percent It was a good day to sell the
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The case is similar for German company BioNTech which collaborated with Pfizer on its COVID vaccine The company had run a deficit since its founding in 2008 up until Q4 2020 when it posted a After making billions of dollars from COVID vaccines and treatments companies could see their sales fall by nearly two thirds from 2022 levels this year Pfizer vaccine with BioNTech 37 81
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