Moderna Delays COVID Vaccine Deliveries to EU by Several Months

Moderna Delays COVID Vaccine Deliveries to EU by Several Months
A vial labelled "Moderna COVID-19 Vaccine" in a photo illustration taken on Jan. 16, 2022. Dado Ruvic/Reuters/Illustration
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Moderna Inc. said on Thursday it has agreed to push back some COVID-19 vaccine deliveries to the European Union by several months to later in 2022 or early next year.

Shares of Moderna fell nearly 2 percent before the bell over the delay, even though the company stuck to its vaccine sales forecast of $21 billion for 2022.