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MRNA Forecast

Bearish <—> Bullish

80% Confidence

Bullish Case: MRNA's potential in mRNA therapies beyond COVID-19, including cancer and flu, remains promising, supported by high investor interest and ongoing R&D funding.

Bearish Case: Ongoing legal challenges, declining vaccine demand, and regulatory uncertainties pose significant risks, threatening financial stability and investor confidence.

Potential Outcomes: 1. Vaccine demand stabilizes at low levels (70%).

2. New vaccine success spurs growth (50%).

3. Legal losses impact reputation (30%).

May 10, 2025

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