How Much Did Pfizer Make On The Covid Vaccine

How Much Did Pfizer Make On 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 On The Covid Vaccine

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How Much Did Pfizer Make On The Covid Vaccine
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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 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

The federal government has so far purchased 1 2 billion doses of Pfizer and Moderna COVID 19 vaccines combined at a cost of 25 3 billion or a weighted average purchase price of 20 69 per dose 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

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Here s how much money Pfizer Moderna and Johnson Johnson could make from COVID vaccines US has surpassed 29 million COVID 19 cases 525 000 related deaths according to Johns Hopkins University 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

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How Much Did Pfizer Make On The Covid Vaccine - 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