BioNTech raises $512 mln on Nasdaq

Country

Germany

Germany-based BioNTech SE has raised $512 million in a secondary offering on Nasdaq to support its ongoing therapies for cancer and infectious diseases which include a candidate vaccine for Covid-19. The results of the financing were announced on 27 July, the same day that BioNTech and its partner, Pfizer Inc, launched a Phase 2/3 trial of their messenger RNA (mRNA) vaccine candidate for Covid-19.