BioNTech is Europe’s largest private Biotech with over 500 employees and is one of the three leading mRNA therapy companies in the world alongside CureVac and the money-magnet Moderna. At the end of 2016, it announced the biggest Biotech deal ever signed in Europe with Genentech: €280M upfront and a 50/50 split on profits. The total size of the deal hasn’t been made public but I heard from our sources that it is massive. The rest of the pipeline is also very promising and 2017 will be a turning point for the company and for the whole mRNA field, which is still in its early days and lacking advanced clinical data.
