Moderna CEO Eyes European Market to Hit 2028 Breakeven Goals -- Market Talk

Dow Jones
01/14

1113 ET - Moderna is eyeing international markets, especially in Europe, as the company works to hit a breakeven point in 2028, CEO Stéphane Bancel said Monday at the JPMorgan Healthcare Conference. Bancel points out that Pfizer's partnership with the European Union expires at the end of the year, giving Moderna a window to capture a share of the high-volume Covid-19 vaccine market in Europe. If Moderna is able to get European approval for a flu-plus-Covid combo vaccine in 2026, that would also be a positive catalyst for sales growth, he says. The company is also looking to build on partnerships with governments in the United Kingdom, Canada, and Brazil as it looks to drive geographic diversity, Bancel says.(elias.schisgall@wsj.com)

 

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January 13, 2026 11:13 ET (16:13 GMT)

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