{"id":1830966,"date":"2023-02-01T06:20:35","date_gmt":"2023-02-01T11:20:35","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1830966"},"modified":"2023-02-01T06:25:13","modified_gmt":"2023-02-01T11:25:13","slug":"pfizer-rakes-in-billions-on-covid-19-vaccine-sales-highest-revenue-in-companys-history","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pfizer-rakes-in-billions-on-covid-19-vaccine-sales-highest-revenue-in-companys-history\/","title":{"rendered":"Pfizer Rakes in Billions on COVID-19 Vaccine Sales, Highest Revenue in Company\u2019s History"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpfizer-rakes-in-billions-on-covid-19-vaccine-sales-highest-revenue-in-companys-history%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1830966&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/02\/2.tagreuters.com2022binary_LYNXMPEI5C015-FILEDIMAGE-1200x776-1200x776-1.jpg\" class=\"ff-og-image-inserted\" alt=\"image\"   style=\"display:none\"><\/div>\n<p><a href=\"https:\/\/www.theepochtimes.com\/t-vaccine\">Vaccine<\/a> maker <a href=\"https:\/\/www.theepochtimes.com\/t-pfizer\">Pfizer<\/a> Reports record revenue for 2022. <a href=\"https:\/\/www.theepochtimes.com\/t-covid-19\">COVID-19<\/a> Even though products account for a large portion of sales, the company is still facing backlash because it claims to be. \u201cmutate\u201d There are many viruses and doctors are refusing to prescribe boosters.<\/p>\n<p>For 2022, full-year revenues were $100.3 billion. \u201call-time high\u201d According to the earnings, multinational corporations <a href=\"https:\/\/s28.q4cdn.com\/781576035\/files\/doc_financials\/2022\/q4\/Q4-2022-PFE-Earnings-Release.pdf\">Release<\/a> January 31, 2017, by Pfizer This marks the company&#8217;s first year of exceeding $100 billion in annual sales. Revenues reflect a 30% operational growth. Revenues grew only 2 percent in terms of operational growth, excluding contributions from COVID-19 products and Paxlovid Antiviral. These two products together generated more than $56 billion in sales.<\/p>\n<p>The year \u201c2022 was a record-breaking year for Pfizer, not only in terms of revenue and earnings per share, which were the highest in our long history,\u201d Dr. Albert Bourla is chairman and CEO at Pfizer.<\/p>\n<p>\u201cAs we turn to 2023, we expect to once again set records, with potentially the largest number of new product and indication launches that we\u2019ve ever had in such a short period of time.\u201d<\/p>\n<p>The sales of Paxlovid and Comirnaty are expected to drop to their lowest level in 2023, before rebounding to growth next year. \u201cdue to significant government supply on hand\u201d The company stated that the announcement was made at the start of the year.<\/p>\n<p>Pfizer estimates that Comirnaty sales will fall by 64 percent to $13.5 billion, while Paxlovid sales will drop 58 percent to $8 billion.<\/p>\n<h2>Mutating Virus, Quadrupling Vaccine Price<\/h2>\n<p>Pfizer\u2019s results come as the company is under scrutiny following an investigative report which revealed that the firm is considering mutating the COVID-19 virus for developing new vaccines against it.<\/p>\n<p>\u201cOne of the things we\u2019re exploring is like, why don\u2019t we just mutate it ourselves so we could create\u2014preemptively develop new vaccines, right?\u201d Dr. Jordon Walk, director of research and innovation at Pfizer. <a href=\"https:\/\/www.theepochtimes.com\/senior-pfizer-employee-says-company-exploring-mutating-covid-19-to-preemptively-develop-new-vaccines_5014254.html\">Submitted<\/a> Project Veritas undercover reporter<\/p>\n<p>\u201cIf we\u2019re going to do that, though, there\u2019s a risk of like, as you could imagine\u2014no one wants to be having a pharmaceutical company mutating [expletive] viruses.\u201d Walker stated that COVID-19 would be \u201ca cash cow for us for a while going forward.\u201d<\/p>\n<p>Sen. Ron Johnson (R. Wis.) called for Congress to investigate COVID-19&#8217;s approval process. Sen. Marco Rubio (R-Fla.) sent a letter to Bourla asking for more information about Pfizer\u2019s efforts to mutate the COVID-19 virus.<\/p>\n<p>Pfizer will begin selling the Comirnaty COVID-19 vaccination through the United States commercial channels during the second half this year. This is a departure from the earlier practice of selling to government. In 2023, the firm plans to increase the price of the vaccine about four times.<\/p>\n<h2>European Parliament Ban, Lack of Vaccine Data<\/h2>\n<p>Pfizer advocates for increased COVID-19 vaccinations. However, doctors are increasingly reluctant to get booster jabs due to lack of evidence from clinical trials.<\/p>\n<p>\u201cI have taken my last COVID vaccine without RCT level evidence,\u201d McGill University&#8217;s infectious disease expert, Dr. Todd Lee, has recently been featured in <a href=\"https:\/\/www.theepochtimes.com\/mkt_app\/growing-number-of-doctors-say-they-wont-get-covid-19-booster-shots_5019786.html\">Write<\/a> Follow us on Twitter. He was pointing out the absence of randomized clinical trials (RCTs), for booster vaccines.<\/p>\n<p>\u201cPay close attention to note this isn\u2019t anti-vaccine sentiment. This is \u2018provide [hard] evidence of benefit to justify ongoing use\u2019 which is very different. It is only fair for a $30 billion a year product given to hundreds of millions,\u201d Lee stated that he has had three doses of vaccines.<\/p>\n<p>Meanwhile, Pfizer officials are facing a potential ban from the European Parliament due to the company\u2019s lack of transparency regarding COVID-19 vaccine purchase agreements during the pandemic.<\/p>\n<p>On Jan. 11, the European Parliament\u2019s committee on COVID approved the ban proposal. The ban was approved by all political parties, except two.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vaccine maker Pfizer Reports record revenue for 2022. COVID-19 Even though products account for a large portion of sales, the company is still facing backlash because it claims to be. \u201cmutate\u201d There are many viruses and doctors are refusing to prescribe boosters. For 2022, full-year revenues were $100.3 billion. \u201call-time high\u201d According to the earnings, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1830969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[11154,8184,3774,4919,4839,16912,14486,5219,3954],"class_list":["post-1830966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-billions","tag-companys","tag-covid-19","tag-history","tag-pfizer","tag-rakes","tag-revenue","tag-sales","tag-vaccine"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1830966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1830966"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1830966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1830969"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1830966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1830966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1830966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}