MedWatch

Moderna exceeds revenue expectations by over USD 700m

The US-based vaccine maker only has a single approved product on the market, which has just booked a USD 4.5bn revenue in the second quarter.

Photo: Dado Ruvic/REUTERS / X02714

US-based vaccine maker Moderna generated USD 4.75bn in revenues during the second quarter of 2022, of which USD 4.5bn came from a single product: its Covid-19 vaccine.

Based on Bloomberg News’s surveys, the analyst consensus estimate for the firm’s revenue was only USD 4.02bn – meaning they were off target by roughly USD 700m.

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