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Expands pipeline and alliances amid plummeting COVID-19 vaccine sales.
May 8, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
BioNTech 1Q Revenue: €1.3 billion (revenue was €6.4 billion 1Q22) 1Q Earnings: €502.2 million (earnings were €3.7 billion 1Q22) Comments: Results in the quarter impacted by lower commercial revenues from the supply and sales of the company’s COVID-19 vaccines worldwide. For the COVID-19 vaccine franchise, the company plans to focus on vaccine adaptation for the fall season and advancing next generation vaccine candidates and combinations. BioNTech and partner OncoC4 plan to start a Phase ...
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