BioNTech boosts COVID-19 research with new Pfizer collab
A new collaboration has been launched between New York-based Pfizer (NYSE: PFE) and German biopharmaceutical company BioNTech (Nasdaq: BNTX).
The companies have agreed a letter of intent regarding the co-development and distribution of a potential mRNA-based COVID-19 vaccine, and will start working together immediately.
The project is aimed at accelerating 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 2020.
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