As the US government prepares to authorize immediate distribution of Covid-19 vaccine, Wall Street analysts are projecti

As the US government prepares to authorize immediate distribution of Covid-19 vaccine, Wall Street analysts are projecting pharmaceutical companies Pfizer and Moderna will generate $32 billion in Covid-19 vaccine revenue, next year alone.
 
According to Wall Street analyst, Morgan Stanley, Pfizer (PFE) by itself is projected to make $19 billion in Covid-19 vaccine revenue in 2021, that doesn't include an estimated $975 million in 2020 vaccine revenue.

Pfizer is expected to take in $9.3 billion more in combined Covid-19 vaccine revenue in 2022 and 2023 as the world continues to get vaccinated, Morgan Stanley also projected.
 

Pfizer will share its revenues with BioNTech (BNTX), the German pharmaceutical company it partnered with to develop the vaccine.

The Pfizer vaccine was already authorized by the UK earlier this month and now a panel of US Food and Drug Administration (FDA) advisers recommended on Thursday,December 10,  that the FDA grant emergency use authorization to the vaccine produced by both companies
 
Pfizer's expected revenue in 2021 would surpass the company's bestselling product from last year: a pneumonia vaccine that generated $5.8 billion in sales.
 
Shares of BioNTech, a roughly new company compared to Pfizer, are booming.
 
Its US-listed shares have grown by nearly 300%, pushing the German company's valuation to nearly $30 billion while Moderna made just $60 million in revenue last year.

Now Moderna is valued at $62 billion according to Morgan Stanley who said shares of the company have climbed by over 700 percent this year alone.

Another guru, Goldman Sachs, says Moderna is expected to rake in $13.2 billion in Covid-19 vaccine revenue next year.
 
Morgan Stanley added that Moderna's skyrocketing share price implies investors expect the company will make $10 billion to $15 billion off Covid-19 vaccine sales in both 2021 and 2022, followed by billions more in booster sales- a huge sum for company that generated just $60 million in sales in 2019 and has never previously licensed a product.

Both Pfizer and Moderna have released data indicating their vaccine candidates are effective at preventing Covid-19.
As the US government prepares to authorize immediate distribution of Covid-19 vaccine, Wall Street analysts are projecting pharmaceutical companies Pfizer and Moderna will generate $32 billion in Covid-19 vaccine revenue, next year alone.
 
According to Wall Street analyst, Morgan Stanley, Pfizer (PFE) by itself is projected to make $19 billion in Covid-19 vaccine revenue in 2021, that doesn’t include an estimated $975 million in 2020 vaccine revenue.

Pfizer is expected to take in $9.3 billion more in combined Covid-19 vaccine revenue in 2022 and 2023 as the world continues to get vaccinated, Morgan Stanley also projected.
 

Pfizer will share its revenues with BioNTech (BNTX), the German pharmaceutical company it partnered with to develop the vaccine.

The Pfizer vaccine was already authorized by the UK earlier this month and now a panel of US Food and Drug Administration (FDA) advisers recommended on Thursday,December 10,  that the FDA grant emergency use authorization to the vaccine produced by both companies
 
Pfizer’s expected revenue in 2021 would surpass the company’s bestselling product from last year: a pneumonia vaccine that generated $5.8 billion in sales.
 
Shares of BioNTech, a roughly new company compared to Pfizer, are booming.
 
Its US-listed shares have grown by nearly 300%, pushing the German company’s valuation to nearly $30 billion while Moderna made just $60 million in revenue last year.

Now Moderna is valued at $62 billion according to Morgan Stanley who said shares of the company have climbed by over 700 percent this year alone.

Another guru, Goldman Sachs, says Moderna is expected to rake in $13.2 billion in Covid-19 vaccine revenue next year.
 
Morgan Stanley added that Moderna’s skyrocketing share price implies investors expect the company will make $10 billion to $15 billion off Covid-19 vaccine sales in both 2021 and 2022, followed by billions more in booster sales- a huge sum for company that generated just $60 million in sales in 2019 and has never previously licensed a product.

Both Pfizer and Moderna have released data indicating their vaccine candidates are effective at preventing Covid-19.

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