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$OGEN I'm not trying to be an alarmist by using the word "scary" to describe the potential scenario that Moderna president Stephen Hoge discussed in the company's Q2 call. I'm using Hoge's own description.

Hoge was asked by an analyst during the call about how the coronavirus might mutate and evolve. He responded:

" If you think about how this might play forward, it seems logical to us that those three mutations present in the beta, gamma line, and those two mutations present in the delta might find some way to combine in new and potentially scary ways. And if that came with the increased transmissibility, force of infection that delta can achieve, that might be a significant threat."