• Wed. May 29th, 2024

Covid-19 Vaccine Sales Generate Billions, But Investors Remain Unimpressed

BySamantha Nguyen

Mar 25, 2024
The Covid vaccine financial victors and casualties, from Novavax to Pfizer

Since the outbreak of Covid-19 four years ago, the world has faced a global pandemic that has resulted in millions of deaths and brought everything to a standstill. One of the critical factors in containing the spread of the virus has been the development of effective vaccines, which have been instrumental in saving countless lives.

Pfizer, BioNTech, and Moderna are some of the companies that have successfully developed vaccines against Covid-19. These vaccines have generated incredible revenue, with total sales exceeding $80 billion and hundreds of millions of doses administered worldwide. However, despite their financial success, investors have not been as impressed as they expected.

Pfizer and BioNTech’s stock prices fell by 32% over the past five years, even though they had enormous sales from their vaccine. In contrast, AstraZeneca’s share price saw a 64% increase after not booking any sales from its vaccine since last April. Even Merck, whose vaccine efforts failed twice, saw a 56% increase in its stock price.

It is surprising that the financial success of these vaccines has not translated into positive gains for their creators. Investors seem to be focusing on other factors when evaluating these pharmaceutical companies’ performance in relation to their Covid-19 vaccine sales.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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