How Much Did Pfizer Make From The Covid Vaccine 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
The world has been elated by the roll out of multiple highly effective vaccines that prevent coronavirus disease 2019 COVID 19 largely because the United States has already purchased 400 million doses of the Pfizer BioNTech vaccine at 39 per person and 200 million doses of the Moderna vaccine at 30 per person For comparison 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 The Covid Vaccine
How Much Did Pfizer Make From The Covid Vaccine
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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 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
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 Over 92 million COVID 19 vaccine doses have been administered across the United States as of Monday according to the latest data from the Centers for Disease Control and Prevention
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Pfizer generated nearly 57 billion in combined sales last year from its Comirnaty Covid 19 vaccine and Paxlovid antiviral pill That works out to almost 60 of the company s total revenue for 2022 Pharmaceutical giant Pfizer expects billions less in revenue this year as the U S government stops buying its Covid 19 vaccine and treatments and fewer people seek shots to combat the disease
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How Much Did Pfizer Make From The Covid Vaccine - Over 92 million COVID 19 vaccine doses have been administered across the United States as of Monday according to the latest data from the Centers for Disease Control and Prevention