Moderna — Nov 7, 2024 release

I am pleased with the cost efficiency we achieved in the quarter, tracking ahead of where we planned to be at this time,” said Stéphane Bancel, Chief Executive Officer of Moderna. “Looking into the fourth quarter and preparing for 2025, we remain focused on driving sales growth, delivering 10 product approvals over the next three years, and continuing to reduce our cost structure." Recent progress includes: Commercial Updates COVID - 19: The Company reported $1.8 billion in Spikevax® sales in the third quarter of 2024, which includes $1.2 billion of U.S. sales and $0.6 billion of international sales. Moderna's updated mRNA COVID-19 vaccine has been approved in major markets worldwide. In the U.S., the Company was ready for an earlier COVID vaccine approval compared to the prior season, with timely shipments to all channels across the U.S. healthcare system. The approval timing has driven an earlier uptake in the retail channel, where Moderna has 40% market share season to date. 1 The Company continues to focus on public health efforts to drive vaccination rates globally. Moderna has undertaken marketing and awareness campaigns to educate consumers and activate the medical community. The recent recommendation of the CDC's Advisory Committee on Immunization Practices (ACIP) of additional doses for older adults and high-risk populations is supportive of vaccination uptake. RSV: The Company reported $10 million in mRESVIA ® sales in the third quarter of 2024 . Sales were lower than anticipa