Investing.com -- Moderna (NASDAQ:MRNA) has reported better-than-expected revenue in the second quarter despite falling steeply due to weaker post-pandemic demand for its COVID-19 vaccine.
Total revenue at the U.S. biotech group came in at $344 million over the three months ended on June 30, a 93% drop from the $4.75 billion registered in the corresponding period last year. But the figure was higher than Bloomberg estimates of $321.8 million.
Shares in Moderna rose in premarket trading on Thursday.
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