BIONTECH - BNTX STOCK NEWS

BioNTech (BNTX) and InstaDeep have announced a multi-year strategic collaboration focusing on integrating artificial intelligence (AI) and machine learning (ML) into drug discovery and development. This partnership will establish a joint AI Innovation Lab in London and Mainz, enhancing BioNTech's capabilities in creating novel mRNA-based therapies. Key focus areas include novel drug design, advanced analytics, and supply chain optimization. The collaboration builds upon their existing relationship initiated in 2019, aiming to transform approaches to cancer and infectious disease treatments.

Pfizer and BioNTech have submitted a request for Emergency Use Authorization (EUA) from the FDA for their COVID-19 vaccine candidate, BNT162b2, which has shown a 95% efficacy rate in Phase 3 trials. The firms aim to produce up to 50 million doses in 2020 and 1.3 billion by the end of 2021, ready for distribution upon authorization. The submission is supported by extensive safety data from about 46,000 participants, with no serious safety concerns reported as of yet. The companies are also engaged in rolling submissions with international regulators to accelerate vaccine access globally.

Pfizer and BioNTech have reported a 95% efficacy rate for their COVID-19 vaccine BNT162b2 in the final analysis of their Phase 3 study, based on 170 confirmed cases. The vaccine's effectiveness is consistent across age and demographic groups, with over 94% efficacy in adults over 65. The safety milestone required for Emergency Use Authorization (EUA) from the FDA has been met, and no serious safety concerns were observed among over 43,000 participants. Pfizer and BioNTech plan to submit data for EUA within days and expect to produce up to 1.3 billion doses by the end of 2021.

Pfizer and BioNTech have finalized an agreement with the European Commission to supply 200 million doses of the BNT162b2 COVID-19 vaccine, with an option for an additional 100 million doses. Deliveries are expected to begin by the end of 2020, pending regulatory approval. The vaccine will be produced in Germany and Belgium, contributing to a total projected production of up to 1.3 billion doses globally in 2021. Recent data indicates a vaccine efficacy rate exceeding 90% based on Phase 3 interim studies. The companies are committed to supporting efforts to combat the pandemic.

BioNTech SE (Nasdaq: BNTX) reported significant progress in its COVID-19 vaccine candidate BNT162b2, demonstrating more than 90% efficacy in preventing COVID-19 in participants without prior SARS-CoV-2 infection during a Phase 3 trial. The trial enrolled 43,538 participants with no serious safety concerns. BioNTech plans to submit for Emergency Use Authorization (EUA) following the expected safety milestone in November. Financially, the company closed financings totaling approximately $1.2 billion, with a net cash receipt of $800 million in Q3 2020.

BioNTech (Nasdaq: BNTX) and Pfizer announced that their mRNA-based vaccine candidate BNT162b2 showed over 90% efficacy in preventing COVID-19 in participants without prior infection, as per the first interim analysis from their Phase 3 trial. This analysis evaluated 94 confirmed cases among 43,538 enrolled participants, with 42% from diverse backgrounds. No serious safety issues were reported. The companies plan to submit for Emergency Use Authorization (EUA) to the FDA following the safety milestone expected in late November, as they continue trials to gather further efficacy data.

BioNTech SE (Nasdaq: BNTX) will announce its third quarter 2020 financial results on November 10, 2020. A conference call and webcast for investors and analysts will be held at 08:00 a.m. EDT (2:00 p.m. CET) on the same day. Participants can access the call via specific phone numbers provided in the announcement or through the Investor Relations section of BioNTech's website. BioNTech is a biopharmaceutical company focused on developing innovative therapies for serious diseases, including cancer, utilizing advanced mRNA technology.

BioNTech (Nasdaq: BNTX) announced that results from three studies have been accepted for presentation at the SITC 35th Annual Meeting. This includes preliminary data from the first-in-human trial of intratumoral immunotherapy BNT131 (SAR441000) in collaboration with Sanofi, along with Phase 1/2 data for DuoBody®-PD-L1x4-1BB (BNT311/GEN1046) developed with Genmab. Presentations will occur from November 11-14, 2020. Abstracts will be available on the SITC website on November 9, 2020.

BioNTech (BNTX) and Pfizer announced the initiation of a rolling submission to the European Medicines Agency (EMA) for their COVID-19 vaccine candidate BNT162b2. The EMA's decision is based on promising early clinical data showing the vaccine's ability to generate neutralizing antibodies and T cell responses. This rolling review allows for the evaluation of data as it becomes available, facilitating a potential marketing authorization application. The global Phase 3 study has enrolled about 37,000 participants, with findings indicating good tolerability and immunogenicity.