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  [Euler Hermes] February 2021: APAC Economic & Risk Insi¡¦
  ±Û¾´ÀÌ : °ü¸®ÀÚ ³¯Â¥ : 21-03-08 08:39         

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February 2021
Covid-19 vaccines: a USD40bn revenue windfall for pharmaceuticals ?

 

Hi there!

The race to find a cure for Covid-19 saw an estimated USD25bn spent on pharmaceutical R&D in 2020 alone, with half coming from the US¡¯s ¡°Operation Warp Speed¡±.

After a record pace of development, the global vaccination campaign against Covid-19 is well underway, but some countries are moving faster than others. Israel, the UK and the US are clearly leading in terms of doses administered per 100 people, with 48, 11 et 7, respectively, far ahead of Italy (2.5), Germany (2.3) or France (1.8).

But as the spread of new Covid-19 variants continues, we expect global vaccination campaigns to ramp up as soon as next month now that both the US and the EU have approved the Pfizer/BioNtech, Lonza/Moderna and Oxford/AstraZeneca vaccines.

Download our report and read more.

 

 

 

 

 

 

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