Moderna to Reduce COVID Vaccine Output as Pandemic Wanes

Moderna on Wednesday announced it was scaling down manufacturing of its COVID vaccine, an updated version of which was approved this week by U.S. regulators, to align with lower post-pandemic demand and help the Cambridge, Mass.-based company sooner hit its target of 75% to 80% gross margin growth. But it also hints at the difficulty … Continue reading Moderna to Reduce COVID Vaccine Output as Pandemic Wanes