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Pfizer Inc on Tuesday said it expected 2021 sales of the COVID-19 vaccine it developed with German partner BioNTech to reach $36 billion and forecast another $29 billion from the shot in 2022, topping analyst estimates for both years. Pfizer's shares were up more than 4% at $45.44. Pfizer's COVID-19 vaccine was the first to receive U.S. authorization last year, and U.S. regulators are likely to give the green light to begin administering it to children ages 5 to 11 as soon as Wednesday.

Pfizer Inc on Tuesday said it expected 2021 sales of the COVID-19 vaccine it developed with German partner BioNTech to reach $36 billion and forecast another $29 billion from the shot in 2022, topping analyst estimates for both years. Pfizer's shares were up more than 4% at $45.44. Pfizer's COVID-19 vaccine was the first to receive U.S. authorization last year, and U.S. regulators are likely to give the green light to begin administering it to children ages 5 to 11 as soon as Wednesday.

Pfizer Inc on Tuesday said it expected 2021 sales of the COVID-19 vaccine it developed with German partner BioNTech SE to reach $36 billion and forecast another $29 billion from the shot in 2022, topping analyst estimates for both years.