Dear Reader,
Currently the pharmaceutical company Moderna Inc is valued at 38.56 billion USD.
Moderna is the famous maker of coronavirus vaccine that also received a large sum of money from the US government to help it develop the vaccine. So far, Moderna's vaccine has shown the highest success rate of 95% and is already in late stage testing.
The USA and Europe have preliminary contracts with Moderna for the vaccine.
I think Moderna is worth 120 billion USD given the potential of its coronavirus vaccine. Yes, there are around 8 major other vaccines in late stage development or even in use, but Moderna's seems the most promising along with Pfizer's.
Actually the coronavirus could further mutate which can make Moderna's mRNA technology even more valuable in future vaccine development. Actually, the messenger RNA has huge potential for future development of medications for the major diseases of our time.
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Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.
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Respectfully yours,
Petar Posledovich
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