Search This Blog

Thursday, November 4, 2021

Moderna Cuts Full-Year 2021 Revenue Outlook

 Moderna Inc. on Thursday lowered its outlook for full-year revenue.

The Cambridge, Mass.-based pharmaceutical company said it now expects product sales of $15 billion to $18 billion this year. Previously, it had said its advance purchase agreements could account for sales of $20 billion this year.

Some doses for delivery in 2021 have now been shifted to early 2022, the company said. Moderna said it is prioritizing deliveries to low-income countries.

Moderna expects sales of $17 billion to $22 billion in 2022, the company said.

https://www.marketscreener.com/quote/stock/MODERNA-INC-47437573/news/Moderna-Cuts-Full-Year-2021-Revenue-Outlook-36899786/

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.