Moderna Lowers Forecast For 2021 COVID-19 Vaccine Deliveries

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By Associated Press
November 4, 2021

The drugmaker expects to present betwixt 700 cardinal and 800 cardinal doses this year, down from a erstwhile forecast of up to 1 billion.

Moderna is scaling backmost expectations for the fig of COVID-19 vaccine deliveries it expects to marque this twelvemonth and the gross it volition grounds from them.

Issues including longer transportation times for exports and a impermanent interaction from expanding the company's capableness to capable vials with vaccine and bundle them for shipping, which whitethorn displacement immoderate deliveries to aboriginal 2022, the drugmaker said Thursday. The institution present expects full-year, 2021 merchandise income of betwixt $15 cardinal and $18 billion.

That’s down from a prediction for $20 cardinal successful income that it made successful August.

The institution present expects to present betwixt 700 cardinal to 800 cardinal doses this year, down from a erstwhile forecast for 800 cardinal to 1 billion.

Moderna has an exigency usage authorization for the vaccine successful adults but is inactive waiting for U.S. regulators to assistance a akin authorization for 12- to 17-year olds. Regulators are studying the uncommon hazard of a bosom inflammation that has shown up successful immoderate radical who person received the shots.

Additional reporting by The Associated Press.