BioNTech co-founders step down to launch new mRNA venture [Yahoo! Finance]
Bristol-Myers Squibb Company (BMY)
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Source: Yahoo! Finance
Ugur Sahin and Özlem Türeci established BioNTech in 2008 – the husband-and-wife team currently serve as CEO and chief medical officer, respectively. In its full year 2025 results, BioNTech said the co-founders will step down by the end of 2026. A search is currently ongoing to identify their successors. The new company, which Sahin and Türeci will lead, will concentrate on mRNA technologies. The new company will have distinct resources, operations and funding, though BioNTech will contribute certain mRNA tech to help speed development of new candidates. Citi analysts said the announcement was “a surprise that headlined earnings”. The announcement came as the German group's Q4 2025 revenue dropped to €907.4m ($1.05bn), down 25% from €1.2bn in 2024. While full-year revenue increased due to funds generated from a collaboration with Bristol Myers Squibb (BMS), BioNTech's net losses rose 57% to €1.1bn in 2025, compared with €665.3m in the previous year. Sahin and Türeci's departures
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News
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- Bristol Myers Squibb to Report Results for First Quarter 2026 on April 30, 2026Business Wire
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BMY
Earnings
- 2/6/26 - Beat
BMY
Sec Filings
- 3/12/26 - Form 4
- 3/12/26 - Form 4
- 3/12/26 - Form 4
- BMY's page on the SEC website