Moderna (MRNA) updates 2025 expected revenue range to $1.5 to 2.5 billion

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Moderna Provides Business and Pipeline Updates at 43rd Annual J.P. Morgan Healthcare Conference

January 13, 2025 7:02 AM EST

Achieved 2024 product sales of $3.0 to 3.1 billion (unaudited) and an ending cash balance of approximately $9.5 billion (unaudited)

Updates 2025 expected revenue range to $1.5 to 2.5 billion

Expects to reduce 2025 cash cost expenses by $1.0 billion with a plan for additional 2026 cost reductions of $0.5 billion

Updates 2025 expected ending cash balance to approximately $6.0 billion

Anticipates milestones across 10 prioritized programs, including up to three potential 2025 approvals and six registrational data readouts

CAMBRIDGE, MA / ACCESSWIRE / January 13, 2025 / Moderna, Inc. (NASDAQ: MRNA) today... More