Stéphane Bancel, Moderna CEO (Lenin Nolly/NurPhoto via AP Images)

Mod­er­na plans $1.1B in R&D and pro­gram cuts, de­lays break-even point to 2028

Stéphane Ban­cel has re­lent­ed to Wall Street’s de­sire for cost-cut­ting and rein­ing in Mod­er­na’s pipeline.

To kick off its an­nu­al R&D day in New York …

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