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Saturday, 07/08/2023 11:38:38 PM

Saturday, July 08, 2023 11:38:38 PM

Post# of 13461
Moderna: Potential To Get Second Product To Market:
Moderna had $16.3 billion in total assets as of the quarter ending March 31, 2023.

The reason why I believe that its financial position should be strong in 2023 is because it still reiterates that its minimum sales for this period will be about $5 billion, thanks to previously announced Covid-19 vaccine Advanced Purchase Agreements. Not only that, but there is something else to consider as well, which is that it is expecting to negotiate new orders for its Covid-19 vaccine in the fall of 2023. Such negotiations that are taking place for this period are with the U.S., Japan, and Europe.

One thing to note is that should the RSV vaccine mRNA-1345 be approved, sales won't start until at least 2024. Still, this biotech is excellent to look into, because it is expecting six major vaccine launches from its respiratory franchise, with expected annual sales of $8 to $15 billion by 2027. The vaccine franchise that I'm talking about deals with Covid-19, RSV, Flu, and even possibly combinations thereof.

https://seekingalpha.com/article/4615604-moderna-potential-to-get-second-product-to-market
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