Moderna, the pharmaceutical company, reported a significant financial loss of $1.2 billion in the first quarter of 2024 due to a 91% drop in sales of its mRNA COVID-19 vaccine compared to the previous year. The CEO, Stéphane Bancel, addressed the plummeting vaccine sales, highlighting a sales decline from $1.9 billion in the same period of 2023 to $167 million in 2024. Moderna is now focusing on developing updated coronavirus vaccines and expanding into the Brazilian market. The company is also exploring the use of AI to create new mRNA injections.
Moderna must be working on long COVID drugs. https://t.co/DKmp3MWyl4
BREAKING: COVID vaccine maker Moderna has posted a first-quarter loss of $1.2 billion after demand for their vaccine collapsed.
Moderna CEO Stéphane Bancel shares a positive outlook on phase two data for a combination flu and coronavirus vaccine:" And then flu plus Covid. I'm very excited about this product. I don't have a phase three data yet. We shared the phase two data which are very encouraging, but… https://t.co/yAXSlcvr4V
MASSIVE NEWS Moderna mRNA sales are down 91% as they make a massive loss. But now they are using AI to make new mRNA injections. Seems like people do not want the mRNA injections from Moderna anymore as their sales are down a whopping 91% compared with last year. Moderna… https://t.co/wwOMbSAWg9
Moderna CEO Stéphane Bancel tells Yahoo Finance Senior Reporter Anjalee Khemlani that the company is busy developing updated coronavirus vaccines for the 2024-2025 season and recently announced an expansion into the Brazilian market.: "We even more recently in early Q2 signed… https://t.co/HKGJ2OrNdA
Gee I wonder why? Have people had enough after the 8th booster? Moderna reported a $1.2 billion loss in Q1 2024, a 91% drop in sales of its mRNA COVID-19 vaccine compared to the previous year. https://t.co/ltub4Kmdea
HUGE NEWS Moderna has reported a whopping $1.2 BILLION loss. Sales of their mRNA injection has COLLAPSED with 91%. People have had enough!
Moderna Posts $1.2 Billion Loss as Demand For COVID Jab Collapses, Promises Investors 'Next-Generation' Vaccine to Tackle New Strains | The Gateway Pundit | Let’s see how many people will be fooled this time! https://t.co/IZYmAWMtkK
Moderna Posts $1.2 Billion Loss as Demand For COVID Jab Collapses, Promises Investors ‘Next-Generation’ Vaccine to Tackle New Strains via @gatewaypundit https://t.co/z2LYCsIIVw
Moderna CEO Stéphane Bancel Addresses the Company’s Plummeting Vaccine Sales “For the first quarter [of 2024] $167 Million vs. $1.9 Billion in the same period [in 2023].” https://t.co/IHHKZC8C9Z