BioNTech says has supplied more than 1 bln COVID-19 vaccine doses so far

FRANKFURT, Aug 9 (Reuters) – BioNTech and partner Pfizer (PFE.N) have supplied more than one billion doses of their COVID-19 vaccine as per July 21, a bigger number than delivered by competitor AstraZeneca (AZN.L), the German biotech group said on Monday.

The supply tally, up from more than 700 million doses announced by the biotech firm in June, compares with AstraZeneca saying late last month that it and manufacturing partner Serum Institute of India had supplied a billion doses to 170 countries at the time. read more

Based on delivery contracts for over 2.2 billion doses so far, BioNTech said in a statement it expects to accrue 15.9 billion euros ($18.7 billion) in revenue from the vaccine this year, up from a May forecast of 12.4 billion euros. read more

That includes sales, milestone payments from partners and a share of gross profit in its partners’ territories, the company added.

Pfizer late last month raised its forecast for its share of 2021 vaccine sales to $33.5 billion. read more

BioNTech added on Monday that it and Pfizer believe a third dose, following the established two-shot regimen, “has the potential to preserve the highest levels of protective efficacy against all currently tested variants, including Delta”, underscoring similar remarks made by its partner.

Still, it reiterated plans to start testing a vaccine adjusted to the highly infectious Delta variant of the virus on humans this month, part of a “comprehensive strategy to address variants, should the need arise in the future”.

($1 = 0.8509 euros)Reporting by Ludwig Burger Editing by Caroline Copley, Douglas Busvine and Chizu Nomiyama

Our Standards: The Thomson Reuters Trust Principles.

Source: https://www.reuters.com/business/healthcare-pharmaceuticals/biontech-says-has-supplied-more-than-1-bln-covid-19-vaccine-doses-so-far-2021-08-09/

World Economic Magazine

Recent Posts

Matthew Oldford Halifax Developer Bridges Finance and Construction to Address Nova Scotia’s Growing Housing Demand

HALIFAX, NOVA SCOTIA — As Halifax confronts one of the most pressing housing shortages in…

5 days ago

Servair Returns to Space with ESA Astronaut Sophie Adenot and Chef Anne-Sophie Pic

PARIS, FRANCE — Servair, a member of gategroup, is once again reaching for the stars.…

6 days ago

Luxury Dubai apartment sold for AED422M

Sale hailed as major sign of confidence in city’s real estate market and security in UAE …

6 days ago

What to look for in aircraft audit and transaction management

By Daniel Welinder, Head of Aircraft Management and Sales at Jet Agent The acquisition of…

6 days ago

Biomass, Carbon Removal and Data Centres Converge at DeCarbon Copenhagen 2026

COPENHAGEN, DENMARK — DeCarbon Copenhagen 2026 will convene Europe’s biomass, carbon markets and digital infrastructure…

1 week ago

Parabellum Investments Sells BPO Leader Parseq to Paragon Group

LONDON, UNITED KINGDOM — Parabellum Investments has announced the sale of business process outsourcing (BPO)…

1 week ago