BIONTECH Stock Price, News & Analysis

Pfizer (PFE) and BioNTech (BNTX) have submitted Phase 1 data to the FDA for a booster dose of their COVID-19 vaccine (BNT162b2). This submission follows successful Phase 1 trials showing significantly higher neutralizing antibodies after a third dose compared to the two-dose schedule. The companies plan to also submit this data to the EMA and other authorities soon. Although the booster is not yet widely authorized in the U.S., it was recently approved for immunocompromised individuals. Further Phase 3 results are expected shortly.

Pfizer and BioNTech have submitted Phase 1 data to the FDA supporting a third booster dose of their COVID-19 vaccine, BNT162b2. The data reveal a favorable safety profile and robust immune responses, showing significantly higher neutralizing antibody levels against the original virus and variants like Delta and Beta. This booster dose may maintain protection against COVID-19, particularly in light of evolving variants. The companies expect Phase 3 results soon and plan to seek regulatory licensure for the booster in individuals aged 16 and above.

BioNTech SE (BNTX) provided a corporate update and financial results for Q2 2021, highlighting the delivery of over one billion doses of its COVID-19 vaccine, BNT162b2, to over 100 countries as of July 21, 2021. The company signed agreements for approximately 2.2 billion doses in 2021. Financially, total revenues reached €5.3 billion, up from €41.7 million in Q2 2020, with a net profit of €2.8 billion. BioNTech is expanding its oncology pipeline with 15 candidates in trials and plans to ramp up manufacturing capacity to 3 billion doses by year-end 2021.

BioNTech has successfully acquired Kite's solid tumor neoantigen T cell receptor (TCR) R&D platform and clinical manufacturing facility in Gaithersburg, MD, enhancing its capabilities in individualized cancer therapies. This transaction, announced on July 19, 2021, marks a pivotal move in BioNTech's strategy to complement its growth through targeted acquisitions, following the acquisition of Neon Therapeutics in 2020. The integration of Kite's assets is expected to accelerate BioNTech's cell therapy pipeline and expand its North American operations.

BioNTech SE (BNTX) has completed the acquisition of Kite's solid tumor neoantigen T cell receptor (TCR) R&D platform and clinical manufacturing assets in Gaithersburg, MD. This strategic move enhances BioNTech's cell therapy pipeline and manufacturing capabilities in North America, following its acquisition of Neon Therapeutics in 2020. The deal, which was announced on July 19, 2021, aligns with BioNTech’s strategy of accelerating development through targeted acquisitions. All Kite employees at the facility were offered jobs with BioNTech, ensuring operational continuity.

BioNTech (BNTX) will release its financial results for Q2 2021 on August 9, 2021. Investors are invited to join a conference call and webcast at 8:00 a.m. EDT. The event will include a corporate update alongside the financial results, reflecting the company's ongoing developments in immunotherapy and mRNA vaccines. Participants can access presentation slides and audio via BioNTech's investor relations page. The company emphasizes its innovative approach to cancer and serious diseases through a broad portfolio of therapies.

BioNTech has launched a project to develop the first mRNA-based vaccine for Malaria, with clinical trials set to start by the end of 2022. This initiative aims to create effective vaccine candidates targeting known Malaria antigens and to establish sustainable production capabilities in Africa. Supported by WHO and Africa CDC, the project aligns with the ‘eradicateMalaria’ initiative of the kENUP Foundation. BioNTech is leveraging its extensive mRNA research background, building on successful COVID-19 vaccine efforts with Pfizer.

The kENUP Foundation, in collaboration with various global health organizations, is addressing the significant infectious disease burden in Africa. A major event titled Fighting Infectious Diseases – Focus on Africa is scheduled for July 26 from 16:00-17:30 CEST, featuring prominent speakers from WHO, Africa CDC, BioNTech, and the European Commission. The event aims to share sustainable solutions for combating diseases on the continent and will be live-streamed, allowing global participation, including a media Q&A session.

On July 23, 2021, Pfizer and BioNTech announced a U.S. government purchase of an additional 200 million doses of their COVID-19 vaccine, increasing total doses to 500 million. Deliveries are scheduled between October 2021 and April 2022, with 110 million expected by year-end. The vaccine, utilizing BioNTech's mRNA technology, is authorized for emergency use but not yet fully approved by the FDA. The companies aim to provide free vaccines to U.S. residents and support global vaccination efforts for low-income nations.