Moderna Crashes After Slashing Its R&D Budget By $1.1 Billion

Sep 16, 2024  · Moderna stock crashed Thursday after the Covid vaccine maker slashed its R&D budget by $1.1 billion and issued light 2025 sales guidance.


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Moderna Crashes After Slashing Its R&D Budget By $1.1 Billion

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Sep 16, 2024  · Moderna stock crashed Thursday after the Covid vaccine maker slashed its R&D budget by $1.1 billion and issued light 2025 sales guidance.

investors.com

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Moderna Crashes After Slashing Its R&D Budget, Sales Guidance

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Moderna stock crashed Thursday after the Covid vaccine maker slashed its R&D budget by $1.1 billion and cut its 2024 sales outlook.

msn.com

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Moderna R&D Day: $1 Billion In Cost Cuts, 10 Product Launches

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Sep 12, 2024  · Moderna said it plans to cut $1.1 billion in expenses by 2027 as it charts a path forward after the rapid decline of its Covid business. The biotech company said it expects 10 …

cnbc.com

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Moderna Gets Analyst Downgrade After $1.1B R&D Spending Cut

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Sep 13, 2024  · Shares of Moderna fell Friday after taking on steep losses a day earlier on the news that it plans to cut research and development spending by $1.1 billion by 2027. JP …

investopedia.com

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Moderna Will Cut $1.1bn Off Its Annual R&D Spend

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5 days ago  · Moderna is showcasing its R&D pipeline to investors today, but the headline news is a decision to cut its R&D spend by a massive $1.1 billion a year from 2027, reversing years of …

pharmaphorum.com

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Moderna To Cut R&D Spending $1.1 B - STAT

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Sep 12, 2024  · Moderna said Thursday it would cut its annual spending on research and development by 23%, or $1.1 billion, between 2024 and 2027 in a concession to investors who …

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Moderna Posts Surprise Profit As Covid Vaccine Sales Impress, Cost …

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Nov 7, 2024  · Moderna is slashing expenses, with a recently announced goal of achieving $1.1 billion in savings by 2027, as it tries to recover from the rapid decline of its Covid business.

nbcchicago.com

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Moderna (NASDAQ:MRNA) Slashes R&D Budget Amid Slowing …

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Sep 12, 2024  · Specifically, the pharma and biotech company plans to slash its research and development budget by 20% over the next three years to $16 billion from a prior budget outlay …

nasdaq.com

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Moderna Crashes 17% After Slashing 2024-25 Guidance

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Jan 13, 2025  · Moderna stock crashed Monday after the firm slashed its outlooks for 2024 and 2025, and announced an expanded cost-cutting initiative.

investors.com

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Moderna Stock Plummets 17% On 2025 Sales Guidance Slash

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Jan 14, 2025  · The crash in MRNA stock comes after the company slashed its outlook for 2024 and 2025 sales and also announced an expanded cost-cutting initiative.

zacks.com

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Why Moderna Stock Just Crashed 21% - Yahoo Finance

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Jan 13, 2025  · CEO Stéphane Bancel said Moderna has cut its "cash operating cost by over 25 percent compared to 2023" and plans to make further cost cuts of $1 billion in 2025 and $500 …

yahoo.com

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Moderna To Slash Costs By $1.1B - LinkedIn

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Sep 12, 2024  · Moderna plans to cut costs by $1.1 billion by 2027 as the biotech company realigns its business amid waning demand for its COVID-19 vaccine.

linkedin.com

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Moderna Crashes 17%. 'No Inflection In Sight' After Guidance

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Jan 13, 2025  · Moderna stock crashed Monday after the firm slashed its outlooks for 2024 and 2025, and announced an expanded cost-cutting initiative.

yahoo.com

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Watch These Moderna Price Levels As Stock Plummets After …

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Jan 14, 2025  · Moderna shares will likely remain under scrutiny after plunging nearly 17% Monday as the embattled drug maker slashed its 2025 revenue forecast by $1 billion. Watch these …

investopedia.com

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Why Moderna (MRNA) Crashed On Wednesday? - Yahoo Finance

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1 day ago  · To identify Wednesday’s biggest losers, we focused on stocks with a market capitalization of at least $2 billion and a daily trading volume of over $5 million. Why Moderna …

yahoo.com


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