Moderna Inc. MRNA,
on Tuesday released an update on the supply of its COVID-19 vaccine, saying it expects to deliver 100 million doses to the United States government by the end of March. The company said it has postponed the forecast for delivery of the second 100 million doses to the end of May from the end of June, and of the third 100 million doses to the end of July, from the end of September. To date, the company said it had distributed 45.4 million doses of its vaccine, and the Centers for Disease Control and Prevention said about 25.5 million doses of the vaccine had been administered. Moderna’s vaccine requires two doses, weeks apart. Moderna said it does not plan to stock up significant amounts of doses to facilitate shipments, as it has chosen to send the doses to the government as they are produced. Moderna’s shares, which rose 0.1% in pre-market trading, rose 87.6% in the last three months through Friday, while the S&P 500 SPX,
gained 8.5%.
