Moderna Cuts 2024 Vaccine Sales
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COVID vaccineReuters
•Moderna reins in 2024 sales forecast, expects very low EU vaccine revenue
81% Informative
Moderna cut 2024 sales forecast for COVID-19 and respiratory syncytial virus vaccines by up to 25% , or $1 billion .
Company had previously said it expected roughly $4 billion in sales for the year , which was already the lowest figure for annual revenue since it launched its COVID vaccine in late 2020 .
Moderna reported a net loss of $1.3 billion , or $ 3.33 per share, for the second quarter .
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