Moderna
This company generated nearly $6bn of sales from its Covid-19 vaccine in the first half of the year, achieving a $4bn net profit – the first half-year profit since the firm was founded in Massachusetts in 2010.
Moderna has signed $20bn worth of vaccine contracts this year, including that for 17m doses to the UK, 460m to the EU and 500m to the US. It expects to produce up to 1bn jabs this year, followed by 2bn-3bn in 2022.
Pfizer/BioNTech
Sales worth $11.3bn (£8bn) were made by Pfizer in the first half of this year from the Covid-19 jab that it developed with Germany’s BioNTech. In July it lifted its 2021 sales forecast to $33.5bn.
BioNTech expects to make revenues of nearly €16bn (£13.5bn) from the vaccine this year, as its first-half net profit jumped to almost €4bn from €142m a year earlier.
The two firms have agreed to supply up to 1.8bn doses to the EU from December up to 2023, on top of 600m doses previously ordered this year. The US government has ordered 700m up to April next year for Americans, as well as 500m for donations to the poorest nations.
Pfizer and BioNTech are aiming to produce 3bn jabs this year and 4bn next year. They are now charging the EU €19.50 per jab, up from €15.50 in the first procurement deal, the Financial Times reported. The UK is also reportedly paying more than previously, about £22 a shot for 35m doses for next year’s autumn booster campaign.