Search This Blog

Monday, March 16, 2020

BioNTech up 55% premarket on advancement of coronavirus vaccine

Thinly traded BioNTech SE (NASDAQ:BNTX) jumps 55% premarket on light volume in reaction to its announcement that it expects to initiate clinical testing of BNT162, its mRNA vaccine candidate against COVID-19, by the latter part of next month (subject to regulatory sign-off).
It plans to jointly develop the vaccine in China with Fosun Pharma. It is advancing talks with collaboration partner Pfizer (NYSE:PFE) for development ex-China.
It will manufacture BNT162 in Europe with partner Polymun.
https://seekingalpha.com/news/3551894-biontech-up-55-premarket-on-advancement-of-coronavirus-vaccine

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.