Moderna (MRNA) Q4 Revenue Beats, Chief Medical Officer to Depart

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Moderna Reports Fourth Quarter and Fiscal Year 2020 Financial Results and Provides Business Updates

February 25, 2021 7:00 AM EST

2021 Vaccine Manufacturing: Raises lower end of global manufacturing plan for 2021 from 600 million doses to 700 million doses; manufacturing is still working to supply up to 1 billion doses for 2021

2022 Vaccine Manufacturing: Based on the high demand from around the world for our COVID-19 vaccine and variant-based boosters, making new capital investments to increase capacity up to 1.4 billion doses in 2022

Commercial Subsidiaries: Company established 8 commercial subsidiaries in 2020 in North America and Europe and plans to expand in 2021 to Japan, South Korea and Australia

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