As COVID-19 Cases Spike This Summer, Healthcare Experts See It As Recurring Theme And Recommend These Measures
Portfolio Pulse from Shanthi Rexaline
COVID-19 cases are expected to surge again in the U.S., according to data from the Centers for Disease Control And Prevention. This could potentially impact the bottom lines of biopharma companies like Moderna, Inc. (NASDAQ:MRNA), which is expected to report a loss of $4.03 per share in its second-quarter report. However, with experts predicting that COVID-19 will be a recurring theme, these companies may continue to see some revenue from the ongoing pandemic.
July 29, 2023 | 8:33 pm
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Moderna is expected to report a loss in its second-quarter report, but may continue to see some revenue from the ongoing COVID-19 pandemic.
While Moderna is expected to report a loss, the potential for recurring COVID-19 outbreaks could mean continued demand for their vaccine, potentially offsetting some of their losses.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80