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Results for "BioNTech"

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BioNTech Faces Economic Challenges After COVID Vaccine Success
Technologynewsbeastprotothema-en3mo ago2 sources

BioNTech Faces Economic Challenges After COVID Vaccine Success

BioNTech, the company behind a major COVID-19 vaccine, is reportedly facing an 'end of an era' as it navigates economic challenges, cuts, and closures after its pandemic-era billions. The company is now placing a significant bet on its cancer research.

BioNTech Cuts Workforce, Halts German COVID Vaccine Production
HealthBBCNYTwsj+20FTThe Guardiancnbchelsingin-sanomatfazDWlsm-lvder-standard+12 more3mo ago23 sources

BioNTech Cuts Workforce, Halts German COVID Vaccine Production

BioNTech announced plans to cut over 1,800 jobs, representing a fifth of its workforce, and cease its COVID-19 vaccine production in Germany, including giving up its Marburg plant, as sales for the vaccine decline. This restructuring marks a significant shift in the company's post-pandemic operations.

Biontech Seeks New CEO, Primarily in the USA
Businessfaz5mo ago

Biontech Seeks New CEO, Primarily in the USA

The founding couple of Biontech is stepping down from operational roles, prompting the company to search for a new CEO, primarily in the United States. The largest shareholder defends the move, while Mainz hopes not to lose a valuable asset.

NATO boosts Turkey’s air defenses with Patriot system in Malatya
Worldle-figarola-repubblicaorf+20tvn24die-pressedelfi-ltdigi24The Independentindex-hraktuality-skhotnews+12 more5mo ago23 sources

NATO boosts Turkey’s air defenses with Patriot system in Malatya

NATO has confirmed the deployment of a US Patriot air defense system in Turkey in response to two Iranian ballistic missiles detected by the Malatya radar station heading towards Turkish territory, reinforcing Turkey's air defenses.

Kolkata's Concrete Boom Increases City Temperature, Study Finds
Businessfazindian-express20d ago2 sources

Kolkata's Concrete Boom Increases City Temperature, Study Finds

A study by IIT Kharagpur reveals that Kolkata's rapid concrete development has led to increased city temperatures, prompting a call for the city to reconsider its growth strategies. Separately, a trade union is demanding the sale of a BioNTech production site in Marburg.

UniCredit Reports Record Quarterly Profit
TechnologyReutersbloombergwsj+22FTcnbcfazSCMPder-standardorftelexmarketwatch+14 more3mo ago25 sources

UniCredit Reports Record Quarterly Profit

UniCredit Bank has announced a record quarterly profit, with its net profit in Czechia and Slovakia also seeing a significant increase. This financial performance highlights strong investment income for the banking group.

EU Auditors Raise Alarm Over Untraceable COVID Recovery Funds
Businessle-mondeFox Newsnos+11DWrzeczpospolitadie-presseel-mundodigi24n1-serbiahotnewsdanas+3 more3mo ago14 sources

EU Auditors Raise Alarm Over Untraceable COVID Recovery Funds

The European Court of Auditors has sounded an alarm regarding the lack of transparency and oversight for billions of euros allocated from the EU's COVID-19 recovery funds. Auditors expressed concerns that reliable supervision of these funds is not guaranteed, with some funds potentially untraceable.

BioNTech Faces Reality with Founder Exit, Factory Closures
Businessfazdie-presse3mo ago2 sources

BioNTech Faces Reality with Founder Exit, Factory Closures

BioNTech, the German biotechnology company, is experiencing a significant downturn, marked by the withdrawal of its founders and the closure of factories. This comes after a period of rapid growth, bringing the company "back to reality."

Healthtaiwan-news4mo ago

BioNTech and DualityBio Drug Shows Efficacy in Endometrial Cancer

A new antibody-drug conjugate, Trastuzumab Pamirtecan, developed by BioNTech and DualityBio, has demonstrated clinically meaningful efficacy in patients with HER2-expressing, recurrent endometrial cancer. The findings suggest a promising new treatment option for this patient group.

BioNTech Founders Şahin and Türeci Launch New Start-up, Attracting Original Investors
Businessfazcapital-bg5mo ago2 sources

BioNTech Founders Şahin and Türeci Launch New Start-up, Attracting Original Investors

BioNTech founders Uğur Şahin and Özlem Türeci are embarking on a new venture, with their original investors and co-founders, Thomas and Andreas Strüngmann, expressing interest in investing again. This move follows their stepping back from BioNTech's leadership, highlighting their continued focus on scientific innovation and entrepreneurship.

BioNTech Co-founders Depart to Launch New mRNA Venture
BusinessDWder-standardorf+4die-presseYahooiefimeridanaftemporiki5mo ago7 sources

BioNTech Co-founders Depart to Launch New mRNA Venture

The Turkish co-founders of BioNTech are leaving the company to establish a new enterprise focused on next-generation mRNA technology. This move comes as BioNTech continues to record significant achievements.