Three Billionaires Behind Pfizer's Vaccine Partner BioNTech Are $2 Billion Richer...

cafead

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  • cafead   Nov 09, 2020 at 09:02: PM
via Stocks rallied on Monday after pharmaceutical giant Pfizer announced positive results from phase three trials of its Covid-19 vaccine — developed in partnership with German biotech outfit BioNTech — indicating that it could be 90% effective against the coronavirus. The news drove a 14% surge in BioNTech shares as of 1:30 pm ET, lifting the fortunes of its billionaire founder, Uğur Şahin, and the firm’s largest investors, the German billionaire brothers Thomas and Andreas Struengmann.

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