Pfizer plans to earn $ 15 billion on the COVID vaccine

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Pfizer plans to earn $ 15 billion on the COVID vaccine

03.02.2021 News

The American company Pfizer, which developed in partnership with the German BioNTech vaccine against coronavirus COVID-19, expects revenue from sales of this drug in 2021 for $ 15 billion.

This year the company hopes to produce 2 billion doses of coronavirus vaccine. The drug is expected to generate a quarter of Pfizer’s total revenue, which is expected to reach $ 61.4 billion, compared to $ 59.4 billion in 2020.

The company expects that COVID-19 vaccines may be needed for a long time to fight emerging variants of the virus and to boost patients’ immune responses.

In addition, Pfizer is launching a study to determine whether a third dose of COVID-19, given 6-12 months after the initial vaccinations, can prolong and improve efficacy with more contagious variants of coronavirus.

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