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المواضيع الأكثر زيارة

Billions of dollars for Pfizer from corona vaccine sales

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 Wall Street analysts expect Pfizer and Moderna to make a huge profit from sales of their new coronavirus vaccines.


Morgan Stanley, a financial and investment services company, estimates that Pfizer could generate revenues of up to $19 billion from the sale of its vaccine in 2021 alone, with $975 million to be earned from the same source this year.


Morgan Stanley analysts also predicted that Pfizer would raise $9.3 billion from its sale of the Coved-19 vaccine as combined profits in the following two years 2022 and 2023.


The promising results of the Corona vaccine were reflected in pfizer and Biotech shares, with the first share price jumping 12 percent this year, while the second's shares grew by nearly 300 percent, pushing their market value to $30 billion.


In contrast, news of Modena's development of its own anti-epidemic vaccine has raised the company's market value to $62 billion, after its shares jumped 700 percent in 2020.


According to experts at Goldman Sachs, Moderna will earn $13.2 billion next year, as revenue for a vaccine awaiting approval from the U.S. Food and Drug Administration.




The U.S. Food and Drug Administration (FDA) on Friday announced the approval of the use of the Pfizer-19 vaccine, with vaccination expected to begin within days in what is a turning point in the United States, where the pandemic has claimed more than 295,000 lives.


The U.S. Food and Drug Administration (FDA) granted an emergency use permit for a vaccine developed with German partner Biotech, which has been shown to be 95 percent effective in preventing the disease at a late stage of trials.


Health-care workers and the elderly in long-term care facilities are expected to be the main recipients during the first round of the vaccine, which amounts to 2.9 million doses.


"The United States is the first country in the world to produce a safe, effective and verifiable vaccine," President Donald Trump said in a video posted on Twitter. Today's achievement is a reminder of America's unlimited potential."



Pfizer and Biotech were first approved in Britain earlier this month, and UK residents began receiving the vaccine on Tuesday.


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