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ESMO 24: Investors Are Starting To Believe In BioNTech’s Cancer Drugs

 
• By Andrew McConaghie

The company’s investment in oncology is starting to pay off, with its PD-L1/VEGF inhibitor BNT324 generating particular interest at ESMO.

BioNTech Shutterstock
• Source: Shutterstock

BioNTech has seen its share price rise by 25% in the last few days, buoyed by new investor belief in its emerging cancer drugs pipeline.

The revival was sparked by a handful of promising updates at the European Society for Medical Oncology conference in Barcelona, Spain, which included updates from its Claudin-6 targeting CAR-T

Key Takeaways

  • After a long time in the doldrums, BioNTech’s share price is up following its ESMO cancer data presentations

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ESMO 24: Investors Are Starting To Believe In BioNTech’s Cancer Drugs

 
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The company’s investment in oncology is starting to pay off, with its PD-L1/VEGF inhibitor BNT324 generating particular interest at ESMO.

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