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BioNTech On The Evolving COVID-19 Vaccine Strategy

 
• By Jessica Merrill

The path for developing a variant-adapted COVID-19 vaccine remains uncertain, but the company expects to have more clarity following an FDA advisory committee meeting in June.

covid variant
BioNTech updated investors on its next-generation COVID-19 vaccine development plan. • Source: Shutterstock

BioNTech SE has reaped the financial rewards of successful development of the COVID-19 vaccine Comirnaty with its big pharma partner Pfizer Inc., but because the vaccine is the German company's only commercial product, BioNTech's near-term financial strength is closely aligned with how a booster strategy for COVID-19 vaccines evolves.

The development of a next-generation vaccine to target Omicron variants of the SARS-CoV-2 virus was a focus of the company's...

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