BioNTech files for IPO after investor reneges on $88M promise

Discussion in 'Pharma/Biotech Companies - In the News' started by cafead, Sep 10, 2019 at 10:52 AM.

  1. #1 cafead, Sep 10, 2019 at 10:52 AM
    cafead

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    via BioNTech has filed to raise $100 million (€90 million) in a Nasdaq IPO. The proposal, which comes shortly after a $325 million series B, would set BioNTech up to run clinical trials of three mRNA assets while funding its share of collaborations with Genentech, Sanofi and Genmab.

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