BioNTech expects to be $18.6B richer after this year as Covid boosters churn out more data. But it won't change much
Pfizer unveiled the riches that its Covid-19 vaccine is showering on itself and partners at BioNTech when it pegged 2021 sales at $33.5 billion. If the German biotech — which is in charge of designing the current vaccine and future mRNA boosters — is right, it could become a major revenue pillar for years to come.
At its latest quarterly update, BioNTech forecasts a €15.9 billion ($18.6 billion) cut for itself by the end of the year, after bagging €2.0 billion ($2.4 billion) in the first half.
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