Pfizer Inc. kept its outlook for annual sales of its Covid-19 vaccine and treatment, disappointing investors who looked for the products to continue driving growth.Through mid-April, Pfizer said it has clinched $32 billion in 2022 contracts for the shot, Comirnaty, and $22 billion for its Covid pill, Paxlovid, the same figures it released three months ago. Wall Street analysts had estimated about $34 billion in annual sales from Comirnaty, which the company makes in partnership with BioNTech SE, and $27 billion in Paxlovid sales.The shares fluctuated early Tuesday and were little changed at 9:35 a.m. in New York. Through Monday’s close, they had plummeted 18% since the start of the year, underperforming the broader sector. American depository receipts of BioNTech, which splits Comirnaty profit with Pfizer, rose 1.2%. Rival vaccine-maker Moderna Inc. fell 0.3%.
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