Welcome to our dedicated page for BioNTech SE American Depositary Share news (Ticker: BNTX), a resource for investors and traders seeking the latest updates and insights on BioNTech SE American Depositary Share stock.
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.
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BioNTech and Autolus announced a strategic collaboration to advance their autologous CAR-T programs towards commercialization. BioNTech will invest $200 million in Autolus and secure the right to utilize Autolus' manufacturing capacity to accelerate the development of BNT211 into pivotal trials in CLDN6+ tumors. They will also support the launch and expansion of Autolus' lead cell therapy candidate obe-cel and have co-commercialization options for Autolus' AUTO1/22 and AUTO6NG programs.
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Faruqi & Faruqi, LLP is investigating potential claims against BioNTech SE (NASDAQ: BNTX) following a federal securities class action lawsuit. The complaint alleges that BioNTech overstated demand for Comirnaty and its commercial prospects, leading to significant inventory write-offs and other charges related to Comirnaty. The company's financial results for the second quarter of 2022 and full year 2022 showed a year-over-year decrease in revenue and earnings-per-share, causing the stock price to fall. Additionally, Pfizer's lower-than-expected utilization for COVID products resulted in a non-cash charge, leading to a reduction in BioNTech's revenue expectations for Comirnaty in 2023.
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BioNTech and DualityBio announced that the U.S. FDA granted Fast Track designation for BNT325/DB-1305, a next-generation antibody-drug conjugate candidate targeting TROP2, for the treatment of patients with platinum-resistant ovarian epithelial cancer, fallopian tube cancer, or primary peritoneal cancer who have received one to three prior systemic treatment regimens. The designation is based on preliminary data from an ongoing Phase 1/2 study showing encouraging anti-tumor signals in patients with TROP2-expressing solid tumors.
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Faruqi & Faruqi, LLP is investigating potential claims against BioNTech SE (NASDAQ: BNTX) and reminds investors of the March 12, 2024 deadline to seek the role of lead plaintiff in a federal securities class action. The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements, resulting in a significant inventory write-offs and other charges related to Comirnaty.
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BioNTech and DualityBiologics have announced the initiation of a pivotal Phase 3 trial for the next-generation antibody-drug conjugate BNT323/DB-1303 targeting HER2 in patients with metastatic breast cancer. The trial aims to enroll 532 patients at clinical trial sites worldwide, with the primary endpoint being progression-free survival. The Phase 3 trial follows positive Phase 1/2 safety and efficacy data, demonstrating encouraging anti-tumor activity in heavily pretreated patients with HER2-low breast cancer. The collaboration between BioNTech and DualityBio aims to accelerate the development of differentiated antibody-drug conjugate therapeutics for solid tumors, with BioNTech holding commercial rights globally, excluding Mainland China, Hong Kong, and Macau.
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WuXi Biologics (2269. HK) signs research service agreement with BioNTech SE (Nasdaq: BNTX) to discover two undisclosed targets of preclinical investigational monoclonal antibodies. WuXi Biologics to receive $20 million upfront payment and additional payments for research, development, regulatory, and commercial milestones, as well as tiered royalties.
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BioNTech SE (Nasdaq: BNTX) projects total company revenues of approximately €3 billion for the financial year 2024. The company ended 2023 with approximately €17.5 billion in cash, cash equivalents, and security investments and expects to be commercial-ready by the end of 2025. BioNTech is focusing on expanding its innovative pipeline and has outlined 2024 strategic priorities, including the development of potentially registrational trials and the launch of its first oncology products from 2026 onwards.
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BioNTech SE (Nasdaq: BNTX) and Duality Biologics (Suzhou) Co. Ltd. announced that the U.S. FDA granted Breakthrough Therapy designation for BNT323/DB-1303, a next-generation antibody-drug conjugate candidate targeting HER2, for the treatment of advanced endometrial cancer. The designation is based on encouraging Phase 1/2 data showing anti-tumor activity and an unconfirmed objective response rate of 58.8% and an unconfirmed disease control rate of 94.1% in heavily pretreated patients with advanced endometrial cancer.
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BioNTech SE (Nasdaq: BNTX) establishes mRNA vaccine manufacturing site in Kigali, Rwanda, with plans for production of vaccines for infectious diseases and future pandemic preparedness. The facility aims to support equitable access to novel medicines globally and is the first commercial-scale mRNA manufacturing facility on the continent.
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BioNTech SE (Nasdaq: BNTX) to inaugurate first African site in Kigali, Rwanda, on December 18th, 2023. The event will feature the setup of the first manufacturing unit called BioNTainer, with high-level dignitaries and government representatives in attendance. A live stream will be available on the company's website.
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FAQ
What is the current stock price of BioNTech SE American Depositary Share (BNTX)?
The current stock price of BioNTech SE American Depositary Share (BNTX) is $108.23 as of November 21, 2024.
What is the market cap of BioNTech SE American Depositary Share (BNTX)?
The market cap of BioNTech SE American Depositary Share (BNTX) is approximately 24.9B.
What does BioNTech SE do?
BioNTech SE is a biotechnology company focused on developing cancer immunotherapies and vaccines for infectious diseases, including COVID-19.
Where is BioNTech SE based?
BioNTech SE is based in Germany.
What is BioNTech's most well-known product?
BioNTech's most well-known product is the COVID-19 vaccine, Comirnaty, developed in collaboration with Pfizer.
Who are BioNTech's major partners?
BioNTech collaborates with several large pharmaceutical companies, including Roche, Eli Lilly, Pfizer, Sanofi, and Genmab.
What types of cancer therapies is BioNTech developing?
BioNTech is developing a variety of cancer therapies, including mRNA-based drugs, cell therapies, bispecific antibodies, and antibody-drug conjugates.
What is the TMALIN® platform?
The TMALIN® platform is an antibody-drug conjugate technology developed by MediLink Therapeutics, used by BioNTech for cancer therapeutics.
How can investors find more information about BioNTech?
Investors can find more information on BioNTech's official website or by contacting their investor relations team.
What recent collaboration has BioNTech announced?
BioNTech recently announced a strategic collaboration with MediLink Therapeutics to use their TMALIN® antibody-drug conjugate platform for novel cancer targets.
What is BioNTech's role in the fight against COVID-19?
BioNTech developed the COVID-19 vaccine Comirnaty in collaboration with Pfizer, which has become a critical tool in combating the pandemic.
Where can I find BioNTech's latest news and updates?
BioNTech's latest news and updates can be found on their official website and through their media relations contacts.
BioNTech SE American Depositary Share