Pfizer raises Covid vaccine sales forecast to $36 billion for 2021
Vials with a sticker studying, “COVID-19 / Coronavirus vaccine / Injection solely” and a medical syringe are seen in entrance of a displayed Pfizer emblem on this illustration taken October 31, 2020.
Dado Ruvic | Reuters
Pfizer on Tuesday raised the full-year gross sales forecast for its Covid-19 vaccine by 7.5% to $36 billion, because it indicators offers with international locations for booster doses and receives clearances for utilizing its pictures in kids.
The corporate had in July forecast gross sales of $33.5 billion from the vaccine it sells with BioNTech.
Pushed by an unprecedented vaccination drive in opposition to the Covid-19 pandemic globally, Pfizer’s shot has shortly develop into one of many best-selling merchandise within the firm’s roughly 172-year historical past.
The corporate, which was well-known for medication equivalent to Xanax and Viagra, equally splits bills and revenue with its German companion.
Pfizer expects to ship 2.3 billion doses of the vaccine, out of the roughly 3 billion it expects to make this 12 months.
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