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Pfizer responds to accusations about its alleged manipulation of Covid virus to create new vaccines, stating it has not conducted gain-of-function or targeted evolution research; company acknowledges it has conducted research on original Sars-CoV-2 virus

Pfizer first pharmaceutical company with over US$100.0B in sales, reporting sales of US$100.33B in 2022; profits increased 43% year-over-year to US$31.4B, more than triple the profits in 2020

Pfizer expects COVID-19 vaccine and Paxlovid pill revenues will fall 60% in 2023 to US$21.5B; Pfizer estimated COVID-19 vaccine demand will drop 29% to about 65 million doses this year due to end of government funding for the shot

Moderna expands partnership with Swiss biopharma CDMO Lonza to increase production of COVID-19 vaccine drug substances; Lonza to add new manufacturing line at Geleen, Netherlands, plant with capacity to add up 300 million doses per year

Sales forecasts for Pfizer’s Paxlovid may change due to easing of Chinese zero-COVID policy, which could surge infection rate, increase Paxlovid demand; Pfizer has distributed millions of Paxlovid treatments in China since policy change

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