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Aims to reduce annual research and development expenses by approximately $1.1 billion starting in 2027.
September 13, 2024
By: Charlie Sternberg
Associate Editor
Moderna has announced plans to take a “more selective and paced” approach to its research and development investment. Through portfolio prioritization and cost efficiencies, the company aims to reduce annual research and development expenses by approximately $1.1 billion starting in 2027. The company aims to complete most of its respiratory investments by 2026. Meanwhile, it’s increasing research and development investments in oncology, and pacing its investments in latent and other vaccines...
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