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Friday, August 21, 2020

Pfizer, BioNTech shares gain as more data backs vaccine candidate

Pfizer, BioNTech shares gain as more data backs vaccine candidatePfizer has said repeatedly since June that it was targeting October for its application and the companies started a large late-stage study last month of the candidate vaccine, one of the few globally in later stages of development. On Thursday they reported data from previous early-stage trials of the vaccine, BNT162b2, that showed it induced similar immune responses and had milder side effects than prior data on another candidate. Pfizer stock, down 1% this year, has trailed the stellar rises in value of major pharmaceutical companies this year.


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