Moderna aims to prove it's 'more than a COVID company'
As COVID vaccine sales fall, Moderna releases positive results from mRNA flu vaccine, adds new development programs. As it looks to expand its horizons beyond COVID-19 vaccines, Moderna Inc. on Wednesday released positive results from a late-stage trial of an mRNA flu vaccine and signaled progress across a range of investigational treatments for cancer and rare, latent and infectious diseases."I hope that people realize that we are more than a COVID company now," Moderna Chief Financial Officer Jamey Mock told MarketWatch. The company is looking to launch up to 15 drugs by 2028, he said, which are expected to generate an additional $10 billion to $15 billion in annual revenue about five years after launch.The new flu-shot data, released ahead of Moderna's research-and-development day Wednesday, showed the company's investigational mRNA vaccine met primary endpoints across four flu strains in a late-stage analysis.The company is expecting an FDA decision on its RSV vaccine for adults a
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