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Moderna Inc

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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation

Moderna's mRNA Technology Is Showing Promise Beyond COVID-19

Business Strategy and Outlook

Moderna's mRNA technology has gained rapid validation as sales of its COVID-19 vaccine soared in 2021, but we think the firm has yet to secure a narrow economic moat around its business, largely due to uncertainties tied to an evolving virus and the changing competitive landscape for innovative vaccines.

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