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Moderna’s stock rises on 2023 product sales of $6.7B
MarketWatch via MSN ^ | 1/8/2024 | Steve Gelsi

Posted on 01/08/2024 10:03:15 AM PST by mac_truck

Moderna Inc.’s stock was up by 1.2% after the drug maker said it sold $6.7 billion of products in 2023. Analyst expected the company to sell $6.35 billion in products in 2023. Moderna said its share of the U.S. COVID-19 drug market was 48% in 2023, up from 37% in 2022. It also continues to expect 2024 product sales of approximately $4 billion, compared to the analyst estimate of $4.4 billion. It continues to expect it will return to sales growth in 2025, and break even in 2026. Moderna is also working on nine late-stage drug programs with anticipated milestones in 2024 and 2025.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: covid19; moderna; vaccine

1 posted on 01/08/2024 10:03:15 AM PST by mac_truck
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To: mac_truck

Medicine tied to sales and a stock price. What could possibly go wrong?


2 posted on 01/08/2024 10:16:55 AM PST by MDLION ("Trust in the Lord with all your heart" -Proverbs 3:5)
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To: MDLION

https://www.armytimes.com/news/your-army/2021/04/07/armys-own-vaccine-that-could-fight-covid-variants-begins-clinical-trials/


3 posted on 01/08/2024 10:29:44 AM PST by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: mac_truck

The first thing authoritarians working on an insecticide for use against deplorable humans needs, is for their own protection from the same. The only reason many of us are still alive is that the cure or vaccine didn’t work. Once they have a lethal pathogen where a vaccine is 100% effective in protection, most of us are going to die.


4 posted on 01/08/2024 10:35:20 AM PST by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: mac_truck

Peaked in 2021 at $449
Now at $115


5 posted on 01/08/2024 11:04:31 AM PST by George from New England
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To: mac_truck
Under Trump’s “Operation Warp Speed” the government gave Moderna $2.48 billion dollars.

In related news, AARP is recommending that its members get an 8th COVID shot.

6 posted on 01/08/2024 12:05:41 PM PST by thegagline (Sic semper tyrannis! Goldwater in 2024)
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