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Will more companies make vaccines now? — Quartz


The vaccine money is in and it’s pretty good.
Pfizer reported revenue of $3.5 billion from its vaccine in the first quarter of 2021. Moderna sold $1.7 billion worth of vaccines in the same period, turning a profit for the first time in the company’s history. BioNTech, which is making the vaccine in partnership with Pfizer, expects $15 billion in vaccine sales this year (with an expected profit above 25%).
AstraZeneca and Johnson & Johnson, meanwhile, are providing the shots on a not-for-profit basis. But they have expressed the intention of revising up the cost of their vaccine once the pandemic phase of Covid-19 is over. Their first quarter revenue they posted $275 million and $100 million respectively suggests the vaccine will be a sizable business for both. ....

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