BioNTech leading research in mRNA-based oncology drugs
Research from industry analyst GlobalData suggests that German company BioNTech (Nasdaq: BNTX) will likely be a leader in the emerging market for mRNA-based oncology therapies.
The global market for mRNA-based treatments in cancer is expected to reach $2 billion by the end of the decade, with BioNTech set to generate almost half of that amount.
Following on from its extraordinary success with the development of the Comirnaty vaccine, targeting the novel coronavirus in partnership with Pfizer (NYSE: PFE), the firm now has multiple drugs in all stages of development.
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