Moderna increases expected delivery of 300 million COVID-19 vaccine doses by the end of July

Moderna Inc. MRNA,
-2.55%
provided an update on the supply of its COVID-19 vaccine on Tuesday, saying it expects to deliver 100 million doses to the U.S. government by the end of March. The company said it had increased its expected delivery of its second 100 million doses by the end of May from the end of June, and its third 100 million doses by the end of July, from the end of September. To date, the company has said it has delivered 45.4 million doses of its vaccine, and the Centers for Disease Control and Prevention said about 25.5 million doses of the vaccine have been administered. The Moderna vaccine requires two doses, at a wide distance from each other. Moderna said he does not intend to take up significant amounts of doses for smooth shipments because he has chosen to send doses to the government as they are manufactured. The share of Moderna, which rose by 0.1% in market trading, rose by 87.6% over the past three months to Friday, while the S&P 500 SPX,
+ 0.05%
achieved 8.5%.

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