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Stock impact report

Pfizer and BioNTech to Co-develop Potential COVID-19 Vaccine

BioNTech SE - American Depositary Shares (BNTX) 
Company Research Source: GlobeNewswire
Companies will jointly develop BioNTech’s mRNA-based vaccine candidate BNT162 to prevent COVID-19 infection Collaboration aims to accelerate global development of BNT162, leveraging expertise and resources of both companies  Builds on 2018 agreement to jointly develop an mRNA-based influenza vaccine NEW YORK and MAINZ, Germany, March 17, 2020 (GLOBE NEWSWIRE) -- Pfizer Inc. (NYSE: PFE, “Pfizer”) and BioNTech SE (Nasdaq: BNTX, “BioNTech) today announced that the companies have agreed to a letter of intent regarding the co-development and distribution (excluding China) of a potential mRNA-based coronavirus vaccine aimed at preventing COVID-19 infection. The companies have executed a Material Transfer and Collaboration Agreement to enable the parties to immediately start working together. The collaboration aims to accelerate development of BioNTech’s potential first-in-class COVID-19 mRNA vaccine program, BNT162, which is expected to enter clinical testing by the end of April 20 Show less Read more
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