How Much Money Does Pfizer Make Per Covid Vaccine 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
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 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
How Much Money Does Pfizer Make Per Covid Vaccine
How Much Money Does Pfizer Make Per Covid Vaccine
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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 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
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 In the first half of the year Pfizer Inc PFE and Moderna Inc MRNA reported collective sales of 17 2 billion for their vaccines but both are expected to report higher third quarter totals in
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New figures from the Peoples Vaccine Alliance reveal that the companies behind two of the most successful COVID 19 vaccines Pfizer BioNTech and Moderna are making combined profits of 65 000 every minute There are 525600 minutes in a year giving 64 961 profit before tax per minute or 1 083 per second Pre tax rather than net For full year 2024 we reported total revenues of 63 6 billion reflecting 7 year over year operational growth Our operational revenue growth when excluding contributions from our COVID 19 products was 12 2 With strong contributions across our product portfolio our performance reinforced the effectiveness of a commercial approach we refined at the start of 2024 to focus on key products
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