Longer to wait for full picture on Moderna's flu vaccine program

12 April 2023

Concerns about Moderna’s (Nasdaq: MRNA) post-COVID strategy have sparked a share price slide, following an ambivalent analysis from the firm’s flu vaccine program.

The global rollout of the Spikevax coronavirus vaccine generated tens of billions in revenue for the biotech, money which has been invested in further pipeline development.

The company’s flu vaccine is a major piece of that strategy, with executives anticipating a 2024 launch, just in time to offset declining Spikevax sales.

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