Boston Business Journal

Moderna CEO calls 2023 ‘difficult year': Here's why 2024 could bring new hope

Moderna Inc. has a roadmap in hand for the next few years, which CFO Jamey Mock says should lead the company to financial breakeven in 2026. Moderna headquarters is located at 200 Technology Square in Cambridge.

After barely beating its 2023 vaccine-sales outlook, which Moderna adjusted to the lower end of its previous forecast last quarter, the Cambridge company is gearing up for a future beyond Covid-19 vaccines.

Moderna reported $6.1 billion in vaccine sales for the 2023 fiscal year during its fourth-quarter earnings on Thursday. That number excludes roughly $600 million in deferred revenue related to Gavi, the Vaccine Alliance, which supplies Covid-19 vaccines to lower-income countries.

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