Pfizer's Covid-19 vaccine could break sales records again next year

The Straits Times2021-11-03

WASHINGTON (NYTIMES) - With its coronavirus vaccine on track this year to generate the biggest single-year sales ever for a medical product, Pfizer on Tuesday (Nov 2) disclosed revenue projections ...

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Bobana
2021-11-03
Bobana
It’s about time…
Steevee
2021-11-03
Steevee
[微笑]
Stchua
2021-11-03
Stchua
[Smile]
- Sheryl04:
  👍🏻
- JCinvest:
  Yeahh
mrzhuge
2021-11-03
mrzhuge
Cool
Winyss10
2021-11-03
Winyss10
latest
Simplewind
2021-11-03
Simplewind
Pls like. Thanks.
- cozyli:
  ok

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Only 0.6 per cent of doses have been administered in low-income countries.\nThe enormous sales figures will translate into billions in profits for Pfizer. The company, which must split its vaccine revenue with development partner BioNTech, said that it expects its profit margins on the vaccine will be in the high 20 per cent range next year, the same margin it projected this year.\nThe doses that will be delivered next year include booster shots, mostly for wealthier countries, and primary immunisations, with an emphasis on second doses, for poorer countries.\nA small chunk of the doses will be given to children. 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Results are expected within the next few months from a key clinical trial evaluating whether the drug can cut the risk of hospitalisations and death.\nA Pfizer executive, Angela Hwang, said the company sees a market of up to 150 million people for the pill. She called it a \"durable opportunity,\" saying that governments may be interested in stockpiling the drug.\nA rival pill from Merck, known as molnupiravir, has already been shown to halve the risk of hospitalisation in similar patients. 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Thanks.","listText":"Pls like. Thanks.","text":"Pls like. 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