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Product sales for the quarter were down 30%, primarily driven by lower sales volume and the related manufacturing ramp up in 4Q21.
February 23, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
Moderna 4Q Revenues: $5.1 billion (-29%) 4Q Earnings: $1.5 billion (-70%) FY Revenues: $19.3 billion (-4%) FY Earnings: $8.4 billion (-31%) Comments: Results in the quarter impacted by a decrease in COVID-19 vaccines sales. Product sales for the quarter were $4.9 billion, down 30%, primarily driven by lower sales volume and the related manufacturing ramp up in 4Q21. Spikevax Bivalent BA.4/BA.5 authorized under EUA in the U.S. as a booster dose for all age groups from 5 months. Moderna w...
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