other material
confidence high
sentiment positive
materiality 0.85
Moderna reports prelim 2022 COVID sales $18.4B; reiterates 2023 $5B min; RSV study accrues cases
Moderna, Inc.
- Prelim 2022 COVID vaccine sales ~$18.4B; R&D ~$3.3B; cash & investments >$18B.
- 2023 min COVID sales reiterated at ~$5B; R&D budget rises to ~$4.5B.
- RSV vaccine (mRNA-1345) Phase 3 in older adults accrued enough cases for first interim efficacy analysis.
- Personalized cancer vaccine mRNA-4157 + Keytruda reduced recurrence risk by 44% in melanoma; Phase 3 to start 2023.
- Repurchased 23M shares for $3.3B in 2022; $2.8B remaining; acquired OriCiro Genomics.