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Moderna cuts sales forecast on weaker vaccine demand

Yahoo Finance
Summary
Nutrition label

85% Informative

Moderna now expects $1.5 to $2 billion in revenue for 2025 .

CEO Stéphane Bancel revealed the forecast at the annual JPMorgan healthcare conference in San Francisco .

The 2024 winter virus season has seen slower respiratory vaccine demand, including for COVID and RSV .

Walgreens ' earnings results for fiscal year 2024 last week signaled a vaccine demand slowdown.

VR Score

86

Informative language

86

Neutral language

41

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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