Right now, BioNTech has more than enough funds on its balance sheet to carry its coronavirus vaccine development program to fruition -- over $1.4 billion in cash and investments, compared to a net loss of 141.7 million Euros in the first half of 2020. If BNT162b2 is approved, BioNTech would generate more than $1 billion of revenue for every 100 million doses of the vaccine it sells together with Pfizer, at a price tag of $20 per dose and per its 50-50 partnership with the blue-chip pharma.
Overall, BioNTech's $20 billion valuation is more than justified. In fact, it's a solid investment choice based on its immunotherapy pipeline alone. And even if coronavirus vaccines don't do well in commercialization (perhaps due to oversupply issues and logistical difficulties), the company should at least recoup enough cash from its COVID-19 program to advance its other candidates. For investors looking for a safe bet on a coronavirus vaccine, BioNTech is a stock they will not want to miss.
Quelle: NASDAQ Page /articles/whats-the-outlook-for-biontech-stock-2020-10-30
Overall, BioNTech's $20 billion valuation is more than justified. In fact, it's a solid investment choice based on its immunotherapy pipeline alone. And even if coronavirus vaccines don't do well in commercialization (perhaps due to oversupply issues and logistical difficulties), the company should at least recoup enough cash from its COVID-19 program to advance its other candidates. For investors looking for a safe bet on a coronavirus vaccine, BioNTech is a stock they will not want to miss.
Quelle: NASDAQ Page /articles/whats-the-outlook-for-biontech-stock-2020-10-30
