Pfizer in December forecast vaccine sales of US$31 billion this year, based on contracts for 1.9 billion doses signed through mid-November. The revenue is shared between the partners. The wave of infections due to the highly transmissible omicron variant has intensified booster campaigns in Europe and the U.S., though it’s still not clear how many countries will pursue yet another round of shots later in the year.
BioNTech rose 0.7% in Frankfurt after initially dipping on the news.
On Monday, Covid vaccine competitor Moderna Inc. said it had signed purchase agreements worth US$18.5 billion for this year, along with options for another US$3.5 billion.
Photo: Bloomberg
