COVID-19 Vaccine Market ChallengesShifting policy and market dynamics in the COVID-19 vaccine sector remain a challenge, possibly affecting sales and market position.
Market Adoption RisksDespite a revenue beat, there is continued risk for long-term adoption of COVID-19 vaccines, potentially affecting future revenues.
Pipeline Advancement DelaysThe clinical pipeline is advancing slower than management's guidance, with ongoing delays in key catalysts, which could impact investor confidence.