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AstraZeneca sells $2.2bn of Covid vaccine in first nine months
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AstraZeneca has sold more than $2.2bn (£1.64bn) of its Covid-19 vaccine in the first nine months of this year, as the drugmaker said it is set to move to “modest profitability” as new orders are received.
Britain’s biggest drugmaker has so far promised to provide the jab, which it developed with Oxford University, on a not-for-profit basis through the pandemic.
“The company is now expecting to progressively transition the vaccine to modest profitability,” it said in a trading update. “Covid‑19 vaccine sales in the fourth quarter are expected to be a blend of the original pandemic agreements and new orders, with the large majority coming from pandemic agreements.”
Earlier this week the Anglo-Swedish drugmaker confirmed it would create a
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