MortimerDodd
2022-08-22

$Moderna, Inc.(MRNA)$

Stéphane Bancel, CEO of Moderna, said the following in the earnings report.

“Today’s earnings represent a strong second quarter performance, with $10.8 billion in revenue for the first half of the year. We continue to have advance purchase agreements for expected delivery in 2022 of around $21 billion of sales.”

MRNA Stock: More Vaccines Are on the Way

Moderna also notes that its development pipeline is strong with four vaccines for infectious diseases in Phase 3 clinical trials. It also expects “important data from proof-of-concept studies in rare diseases and immuno-oncology,” later this year.

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