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Comirnaty and Paxlovid rake in $56.7 billion in 2022 while sales of these COVID products are expected to decline as much as 60% in 2023.
January 31, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
Pfizer 4Q Revenues: $24.3 billion (+2%) 4Q Earnings: $5.0 billion (+47%) YTD Revenues: $100.3 billion (+23%) YTD Earnings: $31.4 billion (+43%) Comments: Growth was primarily driven by Covid-19 products: Comirnaty sales were $11.3 billion in the quarter, down 9% and $37.8 billion for the year, up 3%. Paxlovid sales were $1.8 billion in the quarter and $18.9 billion for the year. Excluding contributions from Paxlovid and Comirnaty, revenues in the quarter grew $571 million, or 5%. Primar...
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