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Pfizer raises COVID vaccine sales forecast to USD 36 billion for 2021
![Pfizer raises COVID vaccine sales forecast to USD 36 billion for 2021 Pfizer raises COVID vaccine sales forecast to USD 36 billion for 2021](https://medicaldialogues.in/h-upload/2020/09/07/750x450_134194-pfizer2.webp)
New Delhi: Pfizer Inc on Tuesday raised the full-year sales forecast for its COVID-19 vaccine by 7.5% to $36 billion, as it signs deals with countries for booster doses and receives clearances for using its shots in children.
The company had in July forecast sales of $33.5 billion from the vaccine it sells with BioNTech.
Driven by an unprecedented vaccination drive against the COVID-19 pandemic globally, Pfizer's shot has quickly become one of the best-selling products in the company's roughly 172-year history.
The company, which was well known for drugs such as Xanax and Viagra, equally splits expenses and profit with its German partner.
Pfizer expects to deliver 2.3 billion doses of the vaccine, out of the roughly 3 billion it expects to make this year.
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751
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