The Covid pandemic drives Pfizer's 2022 revenue to a record $100 billion
12 Articles
12 Articles
Pfizer anticipates billions less in revenue this year as vaccines commercialized
Pfizer executives said the company expects a significant drop in revenue in 2023 compared to 2022 as the U.S. government ends its purchase agreement for COVID-19 vaccines and treatments. During its 2022 fourth-quarter earnings call Tuesday, CEO Albert Bourla said he anticipates 2023 to be a “transition year” as advance government purchases end and the…
'Plundered health systems for profit': Pfizer reports staggering $100 billion in revenue in 2022
The U.S.-based pharmaceutical giant Pfizer reported Tuesday that it brought in a record-breaking $100.3 billion in revenue in 2022 and $31.4 billion in profit, sums that campaigners decried as "sickening" in the face of an ongoing pandemic and persistent inequities in coronavirus vaccine access."In one year alone, Pfizer's revenue has exceeded the total health expenditures of more than 100 countries combined," Julia Kosgei, policy co-lead for th…
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