The statistic illustrates the research and development expenses of Moderna Inc. between 2016 and 2024. Moderna spent around 4.5 billion U.S. dollars on R&D in 2024, a similar amount to the previous year. The company became widely known for being one of two companies worldwide which had their COVID-19 vaccine approved already in late 2020.
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Moderna, & U.S. Securities and Exchange Commission. (February 21, 2025). Research and development expenses of Moderna Inc. from 2016 to 2024 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 16, 2026, from /statistics/1108153/research-and-development-costs-moderna/
Moderna, und U.S. Securities and Exchange Commission. "Research and development expenses of Moderna Inc. from 2016 to 2024 (in million U.S. dollars)." Chart. February 21, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 16, 2026. /statistics/1108153/research-and-development-costs-moderna/
Moderna, U.S. Securities and Exchange Commission. (2025). Research and development expenses of Moderna Inc. from 2016 to 2024 (in million U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 16, 2026. /statistics/1108153/research-and-development-costs-moderna/
Moderna, and U.S. Securities and Exchange Commission. "Research and Development Expenses of Moderna Inc. from 2016 to 2024 (in Million U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 21 Feb 2025, /statistics/1108153/research-and-development-costs-moderna/
Moderna & U.S. Securities and Exchange Commission, Research and development expenses of Moderna Inc. from 2016 to 2024 (in million U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1108153/research-and-development-costs-moderna/ (last visited July 16, 2026)
Research and development expenses of Moderna Inc. from 2016 to 2024 (in million U.S. dollars) [Graph], Moderna, & U.S. Securities and Exchange Commission, February 21, 2025. [Online]. Available: /statistics/1108153/research-and-development-costs-moderna/