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0 0 0.00888782128272874 0.00024021138601965 0.000706221474897971 0.00024021138601965 0.00672591880855155 0.00672591880855155
Stock impact report

BNTX Q4 Earnings Call Key Takeaways [Seeking Alpha]

BioNTech SE - American Depositary Shares (BNTX) 
Company Research Source: Seeking Alpha
SummaryWe highlight main points from BioNTech’s Q4 conference call and summarize key takeaways for investors.Development of COVID-19 mRNA based vaccine took most of the spotlight.COVID-19 itself has had a significant impact on other programs, delays expected.Near-term catalysts includes Ph 1 data BNT111 to be published within weeks.BNTX has more than enough cash to last into 2021.On March 31, 2020, BioNTech SE (Q4 2019 callconference call transcript.COVID-19 mRNA-based vaccine (aka BNT162)The company plans to dose the first patient within weeks and is working with Pfizer and Fosun Pharma. The latter is paying up to $135 million in upfront, investment (i.e. $50m in BNTX shares) and milestones to share gross profits in China. Pfizer partnership outside China builds on top of the existing one with the letter of intent for BNT162 came on April 9th. In a nutshell, Pfizer will pay BNTX $185M upfront, including a $113M equity investment, and up to $563M in milestones. Development costs will Show less Read more
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