Moderna struggles with vaccine ramp-up, cuts 2021 sales view

Moderna Inc on Thursday (Nov 4) slashed the 2021 sales forecast for its Covid-19 vaccine by as much as $5 billion (S$6.7 billion), grappling to fill vials and distribute them to meet unprecedented world demand, sending its shares tumbling 16 per cent. Moderna executives said production challenges now lie with bottling up doses, also known as...

Moderna withholds 1.63 million Covid-19 vaccine doses in Japan due to contamination

Vials with a sticker reading, "Covid-19 / Coronavirus vaccine / Injection only" and a medical syringe are seen in front of a displayed Moderna logo in this illustration taken on Oct 31, 2020.Reuters file Moderna Inc has withheld supply of about 1.63 million doses in Japan after it was notified of contamination of its Covid-19 vaccine vials...