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Increase in commercial revenues from the supply and sales of the company's COVID-19 vaccine more than triple earnings.
May 9, 2022
By: Kristin Brooks
Managing Editor, Contract Pharma
BioNTech 1Q Revenues: €6.4 billion (up from €2.0 billion 1Q21) 1Q Earnings: €3.7 billion (up from €1.1 billion 1Q21) Comments: Growth in the quarter due to increased commercial revenues from the supply and sales of the company’s COVID-19 vaccine worldwide. Under the collaboration agreements, territories have been allocated between BioNTech, Pfizer and Fosun Pharma based on marketing and distribution rights. During the quarter, BioNTech’s commercial revenues included €4.6 billion gross p...
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