BioNTech to buy CureVac

Country

Germany

BioNTech SE, developer with Pfizer Inc of the first messenger RNA (mRNA) vaccine, is to strengthen its position in the growing field of RNA therapeutics with the acquisition of CureVac NV. Both companies have mRNA technologies, both are located in Germany and both have listings on the Nasdaq market in the US. In addition to experience with infectious diseases, both companies are developing candidate therapies for cancer.