How Much Money Has Pfizer Made Off Of Covid

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How Much Money Has Pfizer Made Off Of 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

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 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

How Much Money Has Pfizer Made Off Of Covid

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How Much Money Has Pfizer Made Off Of Covid
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This chart shows Pfizer s annual revenue since 2016 Pfizer currently expects 32 billion in Covid 19 vaccine sales plus 22 billion in sales of its oral Covid 19 antiviral drug Paxlovid How much money has Pfizer made from selling Covid jabs Various governments have bought hundreds of millions of Pfizer made vials since the jabs hit the market in early 2021 As such they have sunk significant capital into protecting their local populations And billions of dollars of cash has come straight back to Pfizer

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 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

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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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How Much Money Has Pfizer Made Off Of Covid - This chart shows Pfizer s annual revenue since 2016 Pfizer currently expects 32 billion in Covid 19 vaccine sales plus 22 billion in sales of its oral Covid 19 antiviral drug Paxlovid