Moderna cut its full-year sales forecast for its COVID-19 vaccine to between $15 billion and $18 billion from $20 billion estimated previously, as it struggles to ramp up production of its two-dose vaccine
, another contract drugmaker that is already bottling Moderna's vaccine, to build new ingredient production facilities in Granada to lift European output.
Bancel said the work was now complete, and "we should see a positive impact from this expansion very soon." The U.S. Food and Drug Administration over the weekend delayed its review of Moderna's vaccine in children and teens aged 12 to 17 years, to assess the risk of myocarditis.Moderna executives said its safety analysis do not show an increased risk in individuals below 18 years of age.
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