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R&D expenses of Moderna 2016-2023
The statistic illustrates the research and development expenses of Moderna Inc. between 2016 and 2023. Moderna spent around 4.8 billion U.S. dollars on R&D in 2023, significantly more than in previous years. The company became widely known for being one of two companies worldwide which had their COVID-19 vaccine approved already in late 2020.