BioNTech and Pfizer's COVID-19 vaccine shows potential in

New Post Public Reply Private Reply Replies (0) Message Board
someconcerns
484

BioNTech and Pfizer's COVID-19 vaccine shows potential in human trial
BY Reuters
— 9:05 AM ET 07/01/2020

* Promising early results from human trials of BNT162b1

* Companies aim to test best potential on 30,000 people

* FACTBOX-The race for a coronavirus vaccine:

By Ludwig Burger and Patricia Weiss

FRANKFURT, July 1 (Reuters) - A COVID-19 vaccine developed by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer has shown potential and was found to be well tolerated in early-stage human trials, the companies said on Wednesday.

The drug is one of 17 being tested on humans in a frantic global race to find a vaccine the world is counting on to end a pandemic that has infected 10.5 million people and killed more than half a million so far.

The potential treatment is the fourth early-stage COVID-19 drug to show promise in human testing, along with projects involving Moderna ( MRNA
Loading... Loading...
), CanSino Biologics ( CASBF
Loading... Loading...
) and Inovio Pharmaceuticals ( INO
Loading... Loading...
).

BioNTech said testing of two dosages of its BNT162b1 drug on 24 healthy volunteers showed that after 28 days they had developed higher levels of COVID-19 antibodies than typically seen in infected people.

The higher of the two doses - both administered via two injections within three weeks of one another - was followed by a short fever in three out of four participants after the second shot.

A third dosage, tested at a higher concentration in a separate group, was not repeated after the first shot because of injection pain.

"These first trial results show that the vaccine yields immune activity and causes a strong immune response," said BioNTech's co-founder and Chief Executive Officer Ugur Sahin.

He said larger trials were being prepared to show whether this translates into protection against a real infection.

No COVID-19 vaccine has been approved for commercial use. A Massachusetts Institute of Technology analysis last year found that about one in three vaccines in the first stage of testing later gains approval.

BioNTech, which listed on the U.S. Nasdaq in October, said the data demonstrated that BNT162b1 could be administered in a dose that was well tolerated with only temporary side effects.

PEER REVIEW

Early-stage human trials of vaccines are designed to measure certain antibodies and other immune markers in the blood as an indicator of the body's readiness to fight an infection that then requires further validation.

The pharmaceutical industry is eager to launch larger follow-up trials to see how vaccinated participants react to real infections over longer periods.

BioNTech and Pfizer will now pick the most promising of four experimental vaccines for a trial involving up to 30,000 healthy participants, which is likely to begin in the United States and Europe in late July, if it gets the regulatory green light.

If it eventually gets marketing approval, the companies are gearing up to make up to 100 million doses by the end of 2020 and another 1.2 billion doses by the end of 2021 at sites in Germany and the United States.

Results from early-stage testing of BioNTech's three other potential vaccines have yet to be published.

The manuscript with the preliminary data from the clinical trials, which were launched in April and May, is under peer review for publication in a scientific journal, BioNTech said.

Singapore's state investment fund Temasek and other investors said on Monday there were investing $250 million into BioNTech for a 1.1% stake in company.

(Reporting by Ludwig Burger and Patricia Weiss; Editing by David Clarke)
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Advanta's Game-Changer: Acquiring Misr Hytech to Expand in Africa

Updated Category News Views 96

Advanta's Strategic Move into Africa Alright, let's cut to the chase. Advanta is making a big splash with its acquisition of Misr Hytech, a move that's going to shake things up in Africa's agricultural sector. This isn't just another merger to gloss over with your morning coffee. We're talking about a deal that's supposed to wrap up by January 31, 2027, bringing together...

Continue Reading
Dyania, NVIDIA Team Up: AI Transforming Patient Care

Updated Category News Views 61

Revving up efficiency in healthcare usually sounds like pie-in-the-sky talk, but every now and again, an innovation comes along that really stirs the pot. Enter Dyania Health's Synapsis AI, a clinical reasoning AI, teaming with NVIDIA's robust computing infrastructure. They're setting out to make sense of massive amounts of patient data, securely tucked behind a...

Continue Reading
Wiz Khalifa Ignites MJBizCon 2026 with Keynote and Music

Updated Category News Views 184

An Icon in Cannabis Culture Hits the Stage When you mix business with pleasure, you get something like what MJBizCon's cooking up this year. Wiz Khalifa, the man with a knack for turning passion into profit, is jumping onto the stage—not just as a performer, but also as a keynote speaker. On December 2, attendees are in for a treat as he steps into a new spotlight at...

Continue Reading
New Senior Care Location Opens in Broward County

Updated Category News Views 197

A Personal Mission Driving Business in Hollywood Dive deep into any community, and you'll often find stories that tug at the heartstrings—especially when they're about family. That's the case with Saudia Sital, a Broward County local who's just opened Always Best Care Senior Services in Hollywood, Florida. Her journey from personal caregiver to business owner isn't just...

Continue Reading
GTEC Faces Nasdaq Bid Price Compliance Challenge

Updated Category News Views 154

Greenland Technologies in a Tight Spot Man, stocks can be as unpredictable as a cat on a hot tin roof, and Greenland Technologies Holding Corporation (Nasdaq: GTEC) just got a cold splash of reality from Nasdaq. On November 10, 2026, they were handed a Notification Letter that ain’t exactly a love note. Their shares slipped below the one-buck hurdle, and Nasdaq isn’t...

Continue Reading
D-Wave's 9.5% Drop: Fraud Lawsuit Raises Investor Ire

Updated Category News Views 129

Shockwaves from D-Wave's Earnings Call August wasn't exactly a banner month for D-Wave Quantum, Inc. as their stock went down like a lead balloon following a lackluster earnings report. If you've ever had any skin in the game, you'd know a 9.5% drop isn't just peanuts—it's the equivalent of watching your prized racehorse stumble at the first hurdle. The financials spoke...

Continue Reading
First Horizon's $25M Bet: New Center Transforms Houston

Updated Category News Views 187

New Markets Tax Credits: A Game Changer First things first, if you're thinking this is some typical charitable write-off, think again. First Horizon Bank (NYSE: FHN) is deep in the mix of something pretty transformative in the world of finance and community support. They're not just throwing money at a problem and hoping it sticks. Nope, we're talking real strategy with a...

Continue Reading
Backdoor Reference Checks: A Hiring Minefield?

Updated Category News Views 157

What's Really Happening with Job References? Every job seeker has been there, right? You're all set, resume polished to a shine, references lined up like a choir ready to sing your praises, and then bam—you hear that employers are contacting folks you never listed. A new report from Zety highlights this eyebrow-raising trend, and it's got us all questioning the value...

Continue Reading
ADI Global Faces Investor Investigation Over Major Write-Down

Updated Category News Views 91

Towering Goodwill Falls and Investor Scrutiny Well, let's dig into this mess ADI Global Distribution has found itself in. If you were hanging onto ADIG shares, your portfolio probably took quite the hit when they revealed a nasty $659 million goodwill write-down. Imagine opening up those financials and seeing about 62% of goodwill value wiped out overnight. Suddenly, that...

Continue Reading
AppLovin Faces Serious Investor Lawsuit Deadline

Updated Category News Views 162

Investors' Trust Shaken: The AppLovin Controversy Well, what do we have here? Another day, another hefty lawsuit coming down the pike. The spotlight’s on AppLovin Corporation (NASDAQ: APP), where the Hagens Berman law sharks are sniffing blood in the water over what they claim are federal securities law violations. The core of this legal storm swirls around AppLovin's...

Continue Reading

Top 5 Most Recently Viewed Articles

Alta Equipment Group's Dividend Declaration and Company Overview

Updated Category News Views 52

Recent Dividend Announcement from Alta Equipment Group Alta Equipment Group Inc. (NYSE: ALTG), a prominent player in premium material handling and construction equipment, has recently made headlines with the announcement of its latest quarterly dividend. The Board of Directors has sanctioned a dividend amounting to $0.057 per share for its common stock, reflecting the...

Continue Reading
I Peace Unveils Innovative iPSC Lines for Better Therapy Access

Updated Category News Views 331

I Peace Introduces New iPSC Lines to Enhance Cell Therapy Leading the way in regenerative medicine, I Peace, Inc. has proudly announced the development of new induced pluripotent stem cell (iPSC) lines that aim to significantly reduce the risk of immune rejection among patients. This groundbreaking innovation is particularly relevant for the U.S. population, where over...

Continue Reading
Vendasta Welcomes New Board Members for AI Innovation

Updated Category News Views 189

Vendasta Strengthens Leadership with New Board Appointments Vendasta has made significant strides recently by welcoming two prominent figures to its Board of Directors. The company, renowned for its innovative AI solutions for small businesses, is excited to onboard Eric Johnson, formerly CEO of SurveyMonkey, and Brent Remai, the long-serving CMO of Cloudflare. Their...

Continue Reading
DICK'S Sporting Goods Expands Offer with Foot Locker Notes Exchange

Updated Category News Views 166

DICK'S Sporting Goods Moves Forward in Foot Locker Notes Exchange DICK'S Sporting Goods, Inc. (NYSE: DKS), a prominent U.S.-based retailer specializing in sporting goods, has made a key announcement regarding an exchange offer for Foot Locker, Inc.'s outstanding notes. This exchange is part of DICK'S broader strategy to enhance its financial flexibility and grow its...

Continue Reading
Northwell Health Unveils Institute of Translational Research

Updated Category News Views 195

Northwell Health Launches New Institute for Research Northwell Health, a leader in medical research, has announced the establishment of its sixth research institute, now known as the Institute of Translational Research. This new institute intends to bridge the gap between basic molecular mechanisms of chronic diseases and the development of innovative clinical therapies....

Continue Reading