Earnings

Moderna expects $18.4 billion in 2021 sales

0


A Moderna (COVID-19) vaccine is seen at the LA Mission homeless shelter on Skid Row, in Los Angeles, California, U.S., February 10, 2021.

Lucy Nicholson | Reuters

Moderna said Thursday it expects to generate $18.4 billion in sales from its Covid-19 vaccine this year.

In releasing its fourth-quarter earnings, Moderna also said its chief medical officer, Tal Zaks, will leave the company in late September. The company said it has retained Russell Reynolds “to recruit for a new CMO with global and commercial experience.”

Shares of Moderna were up 3.9% in premarket trading.

The news comes a day after the company said it was expecting to produce at least 700 million Covid vaccine doses this year.



Source cnbc.com

Wayfair (W) reports Q4 2020 earnings beat, sales fall short

Previous article

Covid relief bill may trigger cuts to Medicare, student loan programs

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Earnings