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Moderna raises full-year COVID vaccine sales forecast to $21 billion

Moderna raises full-year COVID vaccine sales forecast to billion
FILE PHOTO: A vial and sryinge are seen in front of a displayed Moderna logo in this illustration taken January 11, 2021. REUTERS/Dado Ruvic

Moderna Inc on Thursday raised its full-year forecast for sales of its COVID-19 vaccine to roughly $21 billion from $19 billion.

The company in February forecast sales of $19 billion from its signed contracts, and option for $3 billion in additional purchases.

Moderna on Thursday forecast additional purchases of roughly $500 million.

 

(Reporting by Manas Mishra in Bengaluru)

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