How Much Money Did Pfizer Make Off Covid 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
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 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 Did Pfizer Make Off Covid
How Much Money Did Pfizer Make Off Covid
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Pfizer Chief On Drug Pricing The New York Times
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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 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
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 Market analysts are debating what future Covid vaccine demand will look when Covid becomes an endemic seasonal virus
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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 The amounts of money were the kinds of sums normally seen in the smaller defense budget line items but were massive for a public health project 2 5 billion to Moderna 1 2 billion to
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Chart A Covid Vaccine Sized Hole In Pfizer s Revenue Statista
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