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Moderna beats COVID vaccine sales expectations as deferred revenue rolls in
Bengaluru: Moderna Inc on Thursday reported stronger-than-expected sales for its COVID-19 vaccine for the first quarter, driven by a surge of revenue deferred from 2022, but left its 2023 sales expectations unchanged.The vaccine maker posted a profit of 19 cents per share, compared with analysts' expectations for a loss of $1.77 per share, in part because sales were higher than expected.Shares...
Bengaluru: Moderna Inc on Thursday reported stronger-than-expected sales for its COVID-19 vaccine for the first quarter, driven by a surge of revenue deferred from 2022, but left its 2023 sales expectations unchanged.
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751