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BioNTech SE (American Depositary Share - BNTX) is a leading biotechnology company based in Germany, renowned for its pioneering work in the field of immunotherapy and vaccines. BioNTech's core business revolves around developing innovative cancer treatments and vaccines for infectious diseases, including the widely recognized COVID-19 vaccine, Comirnaty, which it co-developed with Pfizer.
BioNTech's oncology pipeline encompasses several advanced drug classes, including mRNA-based drugs that encode antigens, neoantigens, cytokines, and antibodies. The company is also advancing cell therapies, bispecific antibodies, and antibody-drug conjugates, positioning itself at the forefront of cancer treatment innovation.
Partnerships play a crucial role in BioNTech's strategy. The company collaborates with major pharmaceutical giants such as Roche, Eli Lilly, Pfizer, Sanofi, and Genmab, leveraging shared expertise to accelerate the development and commercialization of its therapies. Recent strategic collaborations include an agreement with MediLink Therapeutics to utilize their TMALIN® antibody-drug conjugate platform, enhancing BioNTech's capabilities in targeting novel cancer therapeutics.
BioNTech's financial health is robust, bolstered by the commercial success of Comirnaty and ongoing strategic partnerships. The company's commitment to innovation and excellence is reflected in its continuous efforts to develop new therapeutics and vaccines, ensuring significant contributions to global healthcare.
For more detailed information, visit the company's official website at www.BioNTech.com.
BioNTech (Nasdaq: BNTX) announced a breakthrough in autoimmune disease treatment with a novel non-inflammatory mRNA vaccine. This vaccine, developed in collaboration with TRON and the University Medical Center Mainz, demonstrated disease activity suppression in mouse models of multiple sclerosis (MS). It allows for tailored treatment addressing disease-specific antigens while avoiding systemic immune suppression. Initial results show potential for mRNA therapeutics to target complex autoimmune conditions without inducing autoantibodies or compromising responses to other vaccinations, further expanding BioNTech's immunology pipeline.
BioNTech SE (Nasdaq: BNTX) announced that CEO Ugur Sahin will present a corporate overview at the virtual 39th Annual J.P. Morgan Healthcare Conference on January 11, 2021, at 10:50 AM ET. The event will be available through a live webcast on the company's Investor Relations page. A replay will be archived for 30 days. BioNTech is known for its innovative immunotherapy solutions and mRNA vaccine candidates for serious diseases, including cancer and infectious diseases, and collaborates with major pharmaceutical companies.
Pfizer and BioNTech announced an agreement to supply an additional 100 million doses of their COVID-19 vaccine, COMIRNATY®, to the EU in 2021. This expands total doses to 300 million, following an earlier deal.
CEO Albert Bourla emphasized the commitment to rapid vaccine distribution as the virus continues to pose significant public health risks. The vaccine is produced in European manufacturing sites and is authorized for emergency use but not FDA-approved. Pfizer and BioNTech project potential supply of up to 1.3 billion doses worldwide by the end of 2021.
The European Union has ordered an additional 100 million doses of COMIRNATY, the COVID-19 vaccine developed by Pfizer and BioNTech, bringing the total to 300 million doses for 27 member states. Deliveries are expected throughout 2020 and 2021. The agreement follows the European Commission's decision to exercise its purchase option under an Advanced Purchase Agreement from November 11, 2020. The vaccine aims to support vaccination campaigns that began recently, with the goal to immunize 150 million Europeans.
Pfizer and BioNTech announced the U.S. government's order of an additional 100 million doses of the COVID-19 vaccine, raising the total to 200 million doses. All doses will be manufactured in the U.S. and expected for delivery by July 31, 2021. The U.S. government will invest $1.95 billion for these doses. The companies aim to provide free vaccine access to eligible U.S. residents. The vaccine is authorized under an Emergency Use Authorization, with delivery timelines set to ensure widespread vaccination availability.
Pfizer and BioNTech announced a new agreement with the U.S. government to supply an additional 100 million doses of their COVID-19 vaccine, bringing the total to 200 million doses. The U.S. will pay $1.95 billion for this order, with delivery expected by July 31, 2021. At least 70 million doses are to be delivered by June 30, 2021. The vaccine, authorized for emergency use, is provided free to eligible U.S. residents. The companies aim to ensure widespread vaccine access to combat the pandemic.
BioNTech will host a press conference on December 22, 2020, to update on the COVID-19 vaccine candidate BNT162b2. The virtual event starts at 09:00 CET / 03:00 ET, and journalists can submit questions online. Access to the event is available via BioNTech's website, with a recording provided post-conference. BioNTech is focused on pioneering therapies for cancer and infectious diseases, leveraging advanced mRNA technology and collaborations with major pharmaceutical partners.
The European Commission has granted conditional marketing authorization (CMA) for Pfizer and BioNTech's COVID-19 vaccine, COMIRNATY, for individuals aged 16 and older. This follows a positive opinion from the EMA's Committee for Medicinal Products. The CMA is valid across all 27 EU member states, aiming to combat the COVID-19 pandemic. Notably, the vaccine demonstrated a 95% efficacy rate in a pivotal Phase 3 trial involving over 44,000 participants. The rollout of 200 million doses is set to begin immediately, with production at sites in Germany and Belgium.
BioNTech and Pfizer have received conditional marketing authorization from the European Commission for their mRNA vaccine, COMIRNATY (BNT162b2), to prevent COVID-19 in individuals aged 16 and older. This historic achievement is based on data from a large-scale trial involving over 44,000 participants and demonstrates a vaccine efficacy rate of 95%. The EU has ordered 200 million doses, with an option for 100 million more. Immediate distribution will commence across all 27 EU member states, with ongoing monitoring of efficacy and safety for two additional years.