© Reuters. FILE PHOTO: A compagny logo is seen at a Pfizer office in Puurs, Belgium, December 2, 2022. REUTERS/Johanna Geron PFE -0.55% Add to/Remove from a Portfolio Add to Watchlist Add Position
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(Reuters) – Pfizer Inc (NYSE:PFE) on Tuesday forecast 2023 sales of its COVID-19 products that fell short of Wall Street expectations, hit by lower demand in international markets and slower uptake of booster vaccines.
The U.S. drugmaker said it expects sales of $13.5 billion from the vaccine for 2023, below Refinitiv estimates of $14.39 billion, and projected $8 billion in sales of its antiviral pill, Paxlovid, short of $10.33 billion the Street expects.
Pfizer forecasts 2023 sales of COVID products below estimates