How Much Does Pfizer Make Per Vaccine

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How Much Does Pfizer Make Per Vaccine 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 vaccine brought in 3 5 billion in revenue in the first three months of this year nearly a quarter of its total revenue Pfizer reported The average price per dose in the new deal is over 30 a more than 50 increase from the 19 50 per dose the U S government paid in its initial contract with Pfizer

How Much Does Pfizer Make Per Vaccine

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Table 1 Estimated Price of Initial Doses of COVID 19 Vaccines Purchased by the U S Government Company Candidate Price per Dose Regimen Agreement Amount Number of Doses Owned by Federal How Pfizer won the pandemic reaping outsize profit and influence Because the coronavirus keeps mutating and will be around for a long time the market for Pfizer s products won t go away The drugmaker has the best selling vaccine to prevent COVID and the most effective drug to treat it Its success and might have overshadowed the

Pfizer achieved its full year 2023 non COVID operational revenue growth target of 6 to 8 with significant contributions from new product and indication launches and growth from key in line brands Fourth quarter results reflected strong performance across several key medicines and vaccines as the company continued to advance its pipeline Detailed information on our financial and operational performance can be found in our 2022 Annual Report on Form 10 K

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Each bottle of DNA will produce about 1 5 million doses of the vaccine The Chesterfield facility is Pfizer s only source of plasmids for its Covid 19 vaccine January 31 2023 Pfizer reported record breaking financial results for full year 2022 as operational growth drove all time high revenues and earnings per share for the company Fourth quarter results reflected strong performance across several key medicines and vaccines as the company continued to advance its research and development R D

Here we illustrate the potential total cost of Pfizer and Moderna COVID 19 vaccines based on their publicly announced expected prices once they enter the U S commercial market Pfizer successfully manufactured over 3 billion doses of the Pfizer BioNTech COVID 19 vaccine in 2021 and we expect we can manufacture an additional 4 billion doses in 2022 Pfizer Puurs colleagues preparing pediatric shipments We have continued to find ways to scale up our manufacturing capabilities to increase global vaccine supply

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How Much Does Pfizer Make Per Vaccine - Pfizer sold 37 8 billion of its Covid vaccine last year a small increase of 3 compared with 2021 as demand for the shots slowed Sales of Paxlovid however surged to 18 9 billion in 2022