Pfizer raises COVID-19 vaccine gross sales forecast to $36 bn for 2021, Well being Information, ET HealthWorld

Pfizer raises COVID-19 vaccine sales forecast to $36 bn for 2021Pfizer Inc 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 nations for booster doses and receives clearances for utilizing its photographs 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 medicine akin 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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