Moderna raises 2021 gross sales forecast for Covid-19 vaccine to $19.2 billion, Well being Information, ET HealthWorld

Moderna raises 2021 sales forecast for Covid-19 vaccine to $19.2 billionModerna Inc raised its 2021 gross sales forecast for its Covid-19 vaccine by 4.3% to $19.2 billion on Thursday, reflecting demand from international locations trying to return to normalcy via speedy inoculation.

Earlier this week, bigger rival Pfizer Inc mentioned it expects $26 billion in gross sales of its Covid-19 vaccine this yr.

Moderna had in February forecast vaccine gross sales of $18.4 billion.

Since then, rich nations have been stocking up photographs from Moderna and Pfizer Inc/BioNTech SE after security issues and manufacturing issues briefly sidelined AstraZeneca Plc and Johnson & Johnson vaccines.

Within the first quarter ended March 31, Moderna’s vaccine introduced in gross sales of $1.7 billion.

The corporate mentioned it plans to file for full approval of the vaccine in the US this month.

Observe and join with us on , Fb, Linkedin

Source link Read More