Moderna reports $1.2 billion net loss in Q1 2024

[Red Phoenix]

https://finance.yahoo.com/news/moderna-reports-1-2bn-net-084206713.html

 

The company attributed the decline to the reduced sales of its Covid-19 vaccine.

Net product sales plummeted by 91% compared to Q1 2023.

 

 

 

 

[stoner]

any covid vaccine should of been free in the first place. 

[mfd101]

All eggs in one basket.

[stats]

A conspiracy theory post and a post with an unsourced/unsubstantiated claim have been removed.

 

[connda]

40 minutes ago, Red Phoenix said:

https://finance.yahoo.com/news/moderna-reports-1-2bn-net-084206713.html

 

The company attributed the decline to the reduced sales of its Covid-19 vaccine.

Net product sales plummeted by 91% compared to Q1 2023.

 

This is why pharmaceutical companies require a tight-knit "public-private partnership" with governments where the government promises to purchase billions of dollars worth of "vaccines" and then forcefully mandate that their citizen take the "vaccines" after which the pharmaceuticals funnel some of the profits to individual government members in the form of "campaign contributions" (wink wink) and guarantees of board memberships and life-time jobs as rewards for their exemplary government service in support of their collective efforts to save the planet from novel viruses which their "vaccine" wasn't effective at stopping the transmission.  So, what Moderna needs now is for the government to declare another pandemic so Moderna can get the ball rolling on "saving humanity" once again - $$$ Cha-Ching $$$

I can't wait until they actually find a cure for cancer or Alzheimer's or other dreaded diseases.  Then the profits will be funneled to individual government members in the form of "campaign contributions" (wink wink) and guarantees of board memberships and life-time jobs as rewards for their exemplary government service in support of their collective efforts to not interfere with the pharmaceutical companies price-gouging and over-charging by a few million dollars per treatment (if not per shot) and therefore separating society into "the wealthy who are clean and worthy to be saved" and "the poor commoners who are dirty and worthless and should be left to die."  

And then?  Another Pandemic!!! Free Shots For All At The Government's Expense - and on, and on, and on.....

[Robert Paulson]

Companies need to make products that actually work for there to be demand 

[Rimmer]

An unattributed post has been removed

 

World News

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[300sd]

Moderna's Covid vaccine was their only commercial product. A one trick pony. So I would imagine their books didn't look so good before covid vax sales and not so good after. So sorry.

[TallGuyJohninBKK]

From the OP article:

 

"Moderna CEO Stéphane Bancel stated: “As we anticipate the launches of our Spikevax 2024-2025 formula and RSV vaccine, we are exercising financial discipline and have intensified our focus on building and utilising AI technologies to further streamline operations and enhance productivity.

 

"With ten late-stage programmes, and additional new programmes advancing toward pivotal studies, we continue to expect numerous product milestones this year across our vaccines and therapeutics portfolio. This is the start of a banner year for our vaccine platform as we continue to advance mRNA medicines for patients. This is just the beginning.”

 

[Robert Paulson]

I’ll be sure to follow Moderna ceo advice on all my health needs

[connda]

2 hours ago, TallGuyJohninBKK said:

From the OP article:

 

"Moderna CEO Stéphane Bancel stated: “As we anticipate the launches of our Spikevax 2024-2025 formula and RSV vaccine, we are exercising financial discipline and have intensified our focus on building and utilising AI technologies to further streamline operations and enhance productivity.

 

"With ten late-stage programmes, and additional new programmes advancing toward pivotal studies, we continue to expect numerous product milestones this year across our vaccines and therapeutics portfolio. This is the start of a banner year for our vaccine platform as we continue to advance mRNA medicines for patients. This is just the beginning.”

 

 

For those people who want the shots that is.  The study below addresses "vaccine hesitancy" among health care workers in Poland.

Anti-SARS-CoV-2 Antibodies Level and COVID-19 Vaccine Boosters among Healthcare Workers with the Highest SARS-CoV-2 Infection Risk—Follow Up Study

Lorent et.al, Vaccines Journal, April 29, 2024

 

https://www.mdpi.com/2076-393X/12/5/475/pdf?version=1714393067

 "Our study found that 42% of the HCWs (Health Care Workers) were hesitant about the second booster dose, while 7% reported no intent to get vaccinated with any additional doses. As reasons for not vaccinating, participants most frequently highlighted lack of time, negative experiences with previous vaccinations, and immunity conferred by past infections."

 

[TallGuyJohninBKK]

5 hours ago, connda said:

Anti-SARS-CoV-2 Antibodies Level and COVID-19 Vaccine Boosters among Healthcare Workers with the Highest SARS-CoV-2 Infection Risk—Follow Up Study

Lorent et.al, Vaccines Journal, April 29, 2024

 

The survey results posted above come from just a few dozen health care workers in Poland, 69 to be precise, according to the article. Not exactly impressive in scale or consequence.

 

But among the 69 who first had the opportunity to take a 2nd COVID vaccine booster starting in fall 2022, more than half did. And there were some other interesting details making these HCWs hardly poster-people for the anti-vax movement, as follows:

 

"At the time of enrollment, all HCWs had received the recommended two basic doses of BNT162b2 vaccines (Pfizer—BioNTech) in January/February 2021. The vast majority of study participants (92.75%) had received at least one dose of vaccine booster, with two doses of vaccine booster administered to 50.73% of the analysed individuals. Interestingly, all HCWs with no previously confirmed SARS-CoV-2 infection had received at least one vaccine booster dose. Only 5 of 69 HCWs had not received any vaccine booster. The highest number of HCWs without any vaccine boosters was observed among administration personnel "

 

And, the future vaccine hesitancy opinions expressed in the article came from a grand total of 34 out of the 69 total HCWs, most of whom had already had three COVID vaccinations. So the number giving any particular reason for their views (too busy, already had COVID, do plan to get a future vaccine, prefer not to answer, etc.) mostly was less than 5 respondents per answer. Earth shaking stuff.

 

 

https://www.mdpi.com/2076-393X/12/5/475/pdf?version=1714393067

 

 

Edited May 5 by TallGuyJohninBKK

[Robert Paulson]

Why does nobody want the new booster? This ain’t a tough question