A New Plant In Germany Will Help BioNTechSE (BNTX) Meet the COVID-19 Vaccine Demand

The company BioNTech SE (NASDAQ: BNTX) started producing coronavirus vaccines at a new facility in Germany, which will help it increase production by around 750 million doses per year in Europe. The first batch of vaccines manufactured in Marburg, north of Frankfurt, amounting to 8 million doses, is expected to be distributed early next month, BioNTech announced.

This vaccine, developed by BioNTech and Pfizer, takes only a few days to manufacture the mRNA. A batch of medicines produced this week will have to be transported to another location to be packaged into vials before shipped. Before products are handed out, there is a quality-control process conducted by the European Medicines Agency.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored



Thanks to the Marburg plant, vaccine production will double this year. Pressure has increased on manufacturers to produce more vaccines, especially since the European Union is moving more slowly on vaccines than the US and UK.

Swiss pharmaceutical giant Novartis sold BioNTech SE (BNTX) the plant last year, and it intends to use it to supply the world outside the US. During the first half of this year, BioNTech said, it will produce 250 million doses of the vaccine, according to the company’s press release. In the meantime, Pfizer’s Belgian factory, whose production had slowed due to renovations, has resumed full production.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Lloyd Martinez
I am resigned and living in South Florida. I delighted in a fruitful and fluctuated vocation as a writer, business financier, venture broker, city treasurer, speculation counselor, NASD mediator, specialist, and tenured college educator. My scholarly accreditations incorporate having earned an experts degree in Economics and a doctorate certificate in Finance.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Does Gevo Inc. (GEVO) look like a good stock to buy?

HC Wainwright analysts upgraded their outlook for biofuel producer Gevo Inc. (NASDAQ: GEVO) last week. In the past month, the stock gained 20.97%. In...

Identifying Value and Future Vision in LiveRamp Holdings Inc. (RAMP) Stock

Apple's rejection of these cookies is causing major changes at LiveRamp Holdings Inc. (NYSE: RAMP). On February 16, Ramp shares were selling for $70.89...

Related Articles

Does Gevo Inc. (GEVO) look like a good stock to buy?

HC Wainwright analysts upgraded their outlook for biofuel producer Gevo Inc. (NASDAQ: GEVO) last week. In the past month, the stock gained 20.97%. In...

Identifying Value and Future Vision in LiveRamp Holdings Inc. (RAMP) Stock

Apple's rejection of these cookies is causing major changes at LiveRamp Holdings Inc. (NYSE: RAMP). On February 16, Ramp shares were selling for $70.89...

A New Plant In Germany Will Help BioNTechSE (BNTX) Meet the COVID-19 Vaccine Demand

The company BioNTech SE (NASDAQ: BNTX) started producing coronavirus vaccines at a new facility in Germany, which will help it increase production by around...

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.