Pfizer, Moderna and Other Drug Manufacturers Make Billions Responding to Covid-19 Pandemic
Pfizer, Moderna and Other Drug Manufacturers Make Billions Responding to Covid-19 Pandemic

Pfizer, Moderna and Other Drug Manufacturers Make Billions Responding to Covid-19 Pandemic

Healthcare companies that came up with effective Covid-19 vaccines, treatments, and tests are experiencing a huge financial gain and are starting to spend their money while struggling with questions about whether growth is sustainable.

Companies including Pfizer Inc. and Moderna Inc. has so far reported at least $ 79 billion in total global sales of Covid-19 vaccines and treatments for 2021, according to a Wall Street Journal review of the latest earnings reports. Diagnostic sales have also been strong for companies, including Abbott Laboratories, which had $ 7.7 billion in Covid-19 test sales last year.

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