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United State government prepares to authorize immediate distribution of Covid-19 vaccine, Wall Street analysts are projecting pharmaceutical companies Pfizer and Moderna will generate $32 billion in Covid-19 vaccine revenue, next year alone.
According to Wall Street analyst, Morgan Stanley, Pfizer (PFE) by itself is projected to make $19 billion in Covid-19 vaccine revenue in 2021, that doesn’t include an estimated $975 million in 2020 vaccine revenue.
Pfizer is expected to take in $9.3 billion more in combined Covid-19 vaccine revenue in 2022 and 2023 as the world continues to get vaccinated, Morgan Stanley also projected.
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