Moderna Inc on Thursday cut its 2022 COVID-19 vaccine sales forecast, citing regulatory and production delays, and issued a 2023 outlook for the shots well below Wall Street estimates, sending its shares down as much as 9%.
with vaccine alliance GAVI, and struck a new deal to instead to supply the organization up to 100 million doses of its updated booster vaccine in 2023 for some of the world's poorest countries.to quadruple the price of its COVID-19 shot once the United States moves away from government funding to a private market for COVID-19 vaccines next year.
"We anticipate a more fragmented customer base, including private payers, health plans, pharmacy chains, individual pharmacies and physician offices," said Arpa Garay, Moderna's chief commercial officer. "We also anticipate reduced predictability in orders.
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