EMA grants Prime status for BioNTech's CAR-T candidate BNT211 in testicular cancer
Shares of German biotech BioNTech (Nasdaq: BNTX) closed up almost 7% at $132.29 yesterday, after the company – which burst on the scene with its hugely successful COVID-19 vaccine Comirnaty – announced a important development for its wider portfolio.
It said that that the European Medicines Agency (EMA) has granted Priority Medicines (PRIME) designation to BioNTech’s fully-owned product candidate BNT211 for the third- or later-line treatment of testicular germ cell tumors.
BNT211 is a potential first-in-class therapeutic approach which comprises a synergistic combination of two of the Company’s proprietary drug products, an autologous chimeric antigen receptor (CAR) T cell therapy targeting the oncofetal antigen Claudin-6 (CLDN6) and a CLDN6-encoding CAR-T cell amplifying RNA vaccine (CARVac).
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