{"id":56253,"date":"2023-01-31T16:18:50","date_gmt":"2023-02-01T00:18:50","guid":{"rendered":"https:\/\/lapost.us\/?p=56253"},"modified":"2023-01-31T16:18:50","modified_gmt":"2023-02-01T00:18:50","slug":"pfizer-anticipates-billions-in-less-revenue-this-year","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=56253","title":{"rendered":"Pfizer anticipates billions in less revenue this year"},"content":{"rendered":"<p>Pfizer executives said the company expects a significant drop in revenue in 2023 compared to 2022 as the U.S. government ends its purchase agreement for COVID-19 vaccines and treatments.<\/p>\n<p>&nbsp;<\/p>\n<p>During its 2022 fourth quarter earnings call Tuesday, CEO Albert Bourla said he anticipates 2023 to be a &#8220;transition year,&#8221; as advance government purchases end and the company&#8217;s COVID-19 vaccine Comirnaty and antiviral treatment Paxlovid start to become available on the commercial market.<\/p>\n<p>&nbsp;<\/p>\n<p>Pfizer executives have not officially disclosed what the company will charge for its vaccine on the commercial market, but have previously said it could be between $110 and $130 a dose.<\/p>\n<p>&nbsp;<\/p>\n<p>Pfizer said 2022 was a record-breaking year, as it generated nearly $57 billion in combined sales of its COVID-19 products.<\/p>\n<ul>\n<li>The company&#8217;s COVID-19 windfall shows just how reliant it was on federal government contracts.<\/li>\n<li>Pfizer anticipates $13.5 billion in sales for its vaccine this year, a decrease of 64 percent from 2022.<\/li>\n<li>The pharmaceutical giant said it anticipates just $8 billion in Paxlovid revenue, down 58 percent from 2022.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Pfizer executives said the company expects&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,16],"tags":[],"class_list":["post-56253","post","type-post","status-publish","format-standard","hentry","category-business","category-health"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/56253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56253"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/56253\/revisions"}],"predecessor-version":[{"id":56254,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/56253\/revisions\/56254"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}