BioNTech throws weight behind drive for African vaccine capacity
A strategic partnership between Germany’s BioNTech (Nasdaq: BNTX) and the Coalition for Epidemic Preparedness Innovations (CEPI) is to be expanded.
The groups will work together to enhance Africa's vaccine infrastructure, with CEPI committing up to $145 million to support BioNTech in establishing mRNA vaccine R&D and manufacturing capabilities at its Kigali, Rwanda facility.
The two organizations began their collaboration on developing vaccines in Africa in 2021. This partnership focuses on enhancing vaccine production and R&D capabilities on the continent, aiming to address current and future epidemic and pandemic threats.
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