Moderna's Big Step Toward Dominating the Vaccine Market
It's good to dream big. That's exactly what Moderna (NASDAQ: MRNA) is doing. CEO Stephane Bancel raised eyebrows in November 2020 by stating in an interview with Endpoints News, "We could end up being three, four years from now the biggest vaccine company in the world."
When Bancel made that statement, Moderna's market cap stood below $39 billion. Today, the company's market cap tops $94 billion. That's not nearly enough to make Moderna the biggest vaccine company in the world. However, the company just took a big step toward dominating the vaccine market.
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Source Fool.com