Article Image

IPFS News Link • Big Pharma

Pfizer expects 2021, 2022 COVID-19 vaccine sales to total at least $65 bln

• news.trust.org, By Michael Erman and Manas Mishra

The U.S. drugmaker said it is seeking to sign more vaccine deals with countries, which could drive sales even higher next year. It has the capacity to produce 4 billion doses in 2022 and has based its projections on sales of 1.7 billion doses.

Still, Chief Executive Albert Bourla said he was concerned that low- and middle-income countries would not place orders for next year's vaccine doses early enough, and could again end up behind wealthier countries.

"The high-income countries, they have the tendency to be way more proactive, and they are placing their orders," Bourla said in an interview. "I want to make sure that I go on record publicly... they need to place orders, period."

Pfizer said it expects to deliver at least one billion doses of its vaccine to low- and middle- income countries next year.

The vaccine brought in sales of $13 billion in the third quarter. The company splits gross profit from sales of the shot in most of the world with BioNTech.


thelibertyadvisor.com/declare