over 2 years ago • 2 mins
Berlin-based Solutions Architect and blockchain advocate, with a passion for financial education and empowerment of women.
A long-term investment in the German biotechnology company BioNTech (ticker: BNTX). Demand for immunotherapies will increase as well as people‘s interest in treatments for diseases like cancer. The company has had an income windfall from COVID-19 vaccines that it can use to further its research and development efforts. Revenue in the most recent quarter was more than $2 billion, blowing past analysts’ expectations of $1.4 billion.
BioNTech develops and manufactures active immunotherapies for patient-specific approaches to the treatment of diseases. It develops pharmaceutical candidates based on messenger ribonucleic acid (mRNA) for use as individualized cancer immunotherapies, as vaccines against infectious diseases, and as protein replacement therapies for rare diseases. It contributed toward the development of Pfizer’s vaccine for COVID as well.
What are the key events you’re watching?
The validation of the thesis could provide long-term growth opportunities and transform the company into the biggest player in the biotech industry.
The efficiency of therapies in clinical trials and problems with approvals and authorization. The company has validated its potential to mitigate such problems with the COVID vaccine and should also have funding available to start new campaigns if some of them are not working.
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