Moderna Announced Contract With Brazil's Ministry Of Health (Ministério Da Saúde) To Supply Its mRNA Covid-19 Vaccine, Following Brazilian Health Regulatory Agency's Approval Of Its Updated Covid-19 Vaccine In March 2024
Portfolio Pulse from Benzinga Newsdesk
Moderna has secured a contract with Brazil's Ministry of Health to supply 12.5 million doses of its mRNA COVID-19 vaccine, scheduled for delivery in Q2 2024. This follows the Brazilian Health Regulatory Agency's approval of Moderna's updated COVID-19 vaccine in March 2024.

April 22, 2024 | 11:06 am
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Moderna's contract with Brazil for 12.5 million COVID-19 vaccine doses, approved for 2024 delivery, signifies a significant sales and operational milestone.
The contract with Brazil's Ministry of Health represents a direct revenue opportunity for Moderna, enhancing its financial outlook and reinforcing its position in the global vaccine market. The approval by Brazil's regulatory agency further solidifies Moderna's vaccine's credibility and market presence, likely leading to a positive short-term impact on its stock price.
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