The New York drugmaker had previously projected vaccine sales for the year of $26 billion.
Business Standard brings you the top headlines on Wednesday
Total antibody levels start to wane six weeks after complete immunisation with Pfizer and AstraZeneca vaccines, and can reduce by more than 50 per cent over 10 weeks, according to The Lancet journal
The number of people who have recuperated from the disease has surged to 30,503,166, while the case fatality rate stands at 1.34 per cent
The federal government is buying 200 million more doses of the Pfizer coronavirus vaccine to prepare for future needs, such as boosters and shots for kids under 12
Bharti Pravin Pawar says Centre has set up team to deal with various issues related to procurement of Covid-19 vaccine from foreign firms
A team of central government officials is in continuous dialogue with foreign Covid vaccine manufactures like Pfizer, Moderna and Johnson and Johnson to discuss and address various issues
Ramaphosa has welcomed the announcement of a collaboration between the country's Biovac Institute and US pharma giant Pfizer as a breakthrough in the protection of African nations against COVID
A host of lesser-known vaccine makers are eyeing contract manufacturing opportunities for global and domestic majors
Pfizer says it plans to meet with top US health officials Monday to discuss the drugmaker's request for federal authorization of a third dose of its Covid-19 vaccine
The announcement by US drugmaker Pfizer of a plan on developing a booster dose of its Covid-19 vaccine has heightened hesitancy amongst unvaccinated population and sparked confusion across country
FDA and EU regulator say no need for extra dosage at this time
Pfizer is about to seek US authorisation for a third dose of its Covid-19 vaccine, saying Thursday that another shot within 12 months could dramatically boost immunity
Indemnity issue to be settled to bring the two US vaccines through COVAX
'It's a donation through COVAX,' said a source
The mRNA vaccines by Pfizer and Moderna contain genetic instructions for our cells to make the spike protein of the SARS-CoV-2, which the virus uses to infect and enter the human cells.
South Korea authorized the use of Pfizer, AstraZeneca, Moderna and Janssen vaccines for people over 18.
The effectiveness of the Pfizer vaccine against Covid-19 has dropped to 64 per cent in Israel, the country's Ministry of Health said.
Prosenjit Datta points to a possible crisis as the government moves to improve supplies of Covid vaccines: inadequate testing facilities to handle those volumes
Delta variant, first detected in India, is driving the current third wave in South Africa