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Pfizer raises sales forecast for Covid vaccine by almost a third to $33bn

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  • Pfizer raises sales forecast for Covid vaccine by almost a third to $33bn

    JULY 28 2021

    Donato Paolo Mancini


    Pfizer has raised its full-year revenue projections for its coronavirus vaccine by almost a third after the shot helped the drugmaker to almost double its sales in the second quarter. The US group, which markets a widely used Covid-19 vaccine along with Germany’s BioNTech, upgraded its 2021 revenue forecast for the shot to $33.5bn from the $26bn it had predicted in the previous quarter. The group, which shares profits on sales of the Covid shot evenly with BioNTech, generated direct sales of $7.8bn from the vaccine in the second quarter. Albert Bourla, Pfizer chief executive, said the second quarter was “remarkable in a number of ways”.
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