Paxlovid and Comirnaty propel Pfizer to record quarter

28 July 2022

Pfizer (NYSE: PFE) has recorded the highest quarterly sales in its history.

The US pharma giant also beat second-quarter 2022 profit expectations on Thursday, with the remarkable figures coming thanks largely to sales of its COVID-19 pill Paxlovid (nirmatrelvir/ritonavir) and vaccine Comirnaty.

In total, revenues at Pfizer were $27.7 billion for the quarter, a 47% rise on the second quarter of 2021 and ahead of Wall Street estimates averaging $26.31 billion.

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