German biotech BioNTech (Nasdaq: BNTX) has linked up with the Coalition for Epidemic Preparedness Innovation (CEPI) to advance mRNA-based vaccine candidates with the development of BNT166 for the prevention of mpox (formerly reffeed to as monkeypox).
Mpox is caused by a member of the Orthopoxvirus viral family, an infectious disease that can lead to severe, life-threatening complications. Mpox gained global attention in May 2022 with an increasing number of cases that then developed into an international outbreak. The CEPI will provide funding of up to $90 million to support the development of mRNA-based vaccine candidates.
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