Drug News

Top 7 Drugmakers and How Much They Earned From COVID-19 Treatments

According to Becker’s Hospital Review, vaccines, antiviral pills and monoclonal antibodies designed to prevent and treat COVID-19 have brought in billions for drugmakers during the pandemic. Here is a breakdown of the amounts seven drugmakers are earning for COVID-19 treatments.

  1. Pfizer reported $36.8 billion in 2021 sales for its COVID-19 vaccine, making it the highest-selling pharmaceutical product in a single year. The drugmaker expects to make $32 billion from the vaccine in 2022. Pfizer also said it expects to make $22 billion from its COVID-19 antiviral pill, Paxlovid, in 2022. Paxlovid, which was authorized by the FDA Dec. 22, contributed $76 million to the drugmaker’s U.S. sales in the fourth quarter of 2021.
  2. Moderna said in November it expects to make between $15 billion and $18 billion from its COVID-19 vaccine in 2021. The drugmaker will report its fourth-quarter earnings Feb. 24.
  3. Regeneron made $5.8 billion from COVID-19 monoclonal antibodies in 2021.
  4. Gilead Sciences made $5.5 billion from its COVID-19 therapeutic remdesivir, known by the brand name Veklury. 
  5. Eli Lilly made $2.2 billion from COVID-19 monoclonal antibodies in 2021.
  6. GlaxoSmithKline made $1.9 billion from COVID-19-related treatments in 2021, most notably its monoclonal antibody sotrovimab.
  7. Merck made $1 billion from its COVID-19 antiviral pill, molnupiravir, in 2021 and expects to sell an additional $5 billion to $6 billion worth.
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