These 6 Words From Moderna's CMO May Mean Billions in 2022
Moderna (NASDAQ: MRNA) is already on its way to billion-dollar revenue this year. The company in February said advance purchase agreements for its coronavirus vaccine translate into $18.4 billion in sales. And that number may have even increased since. There's no doubt Moderna's vaccine will generate blockbuster-level revenue this year.
Some investors are worried about revenue next year though. That's because vaccine makers haven't yet determined how often people will have to be vaccinated. So, will these billion-dollar years be a regular thing? Or is this year an exception? Moderna's chief medical officer Tal Zaks offered a major clue during his presentation last week at The Economic Club of New York. Here are the six words that may mean billions for Moderna next year -- and every year.
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Source Fool.com
