BioNTech (BNTX) Skyrockets on Coronavirus Vaccine Hopes; One Analyst Remains Cautious [Yahoo! Finance News]
BioNTech SE - American Depositary Shares (BNTX)
Company Research
Source: Yahoo! Finance News
Hopes for the swift development of a vaccine for the coronavirus got a boost on Monday. BioN BNTX The company has struck a strategic clinical development and commercialization deal with biotech Fosun Pharma. The China-based firm will retain the vaccine’s commercialization rights in China, while BioN will keep the rights for the rest of the world. The company will receive a $50 million investment from Fosun, in return for a holding of 1,580,777 shares in BioNtech implying a price of $31.6 per share). On top of the welcome development, BioN also disclosed that it is currently in advanced talks with Pfizer concerning further development of the Vaccine outside China. Deal terms were not disclosed. In reaction, BioN shares skyrocketed as much as 90% in today’s trading session. The surge adds up to a massive return of over 400% since BioNtech’s market debut in October. Despite the positive developments, H.C. Wainwright’s Robert Burns Burns maintains a Hold rating on BNTX shares, with a pri
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News
- 3 No-Brainer Biotech Stocks to Buy With $200 Right Now [Yahoo! Finance]Yahoo! Finance
- BioNTech SE (NASDAQ: BNTX) is now covered by analysts at Wells Fargo & Company. They set an "overweight" rating and a $170.00 price target on the stock.MarketBeat
- 2 Healthcare Stocks to Buy Hand Over Fist and 1 to Avoid [Yahoo! Finance]Yahoo! Finance
- Duality Biologics and BioNTech Presented Positive Interim Data for Investigational B7-H3 Antibody-Drug Conjugate BNT324/DB-1311 in Advanced Solid Tumors at the ESMO Asia Congress 2024 [Yahoo! Finance]Yahoo! Finance
- Duality Biologics and BioNTech Presented Positive Interim Data for Investigational B7-H3 Antibody-Drug Conjugate BNT324/DB-1311 in Advanced Solid Tumors at the ESMO Asia Congress 2024PR Newswire
BNTX
Earnings
- 11/4/24 - Beat
BNTX
Sec Filings
- 12/13/24 - Form 144
- 12/13/24 - Form 6-K
- 12/11/24 - Form 144
- BNTX's page on the SEC website