ARTICLE | Deals
July 22 Quick Takes: BioNTech raises $512M; plus Vesigen, Quantro, Cullinan, TransThera, JW-Syracuse, AnHeart-NewG
July 23, 2020 1:27 AM UTC
BioNTech prices upsized financing
BioNTech SE (NASDAQ:BNTX) raised $511.5 million in an upsized offering through the sale of 5.5 million ADSs at $93 per ADS. The deal, which had been slated for 5 million ADSs, priced the same day that the U.S. government said it will pay the company and partner Pfizer Inc. (NYSE:PFE) $1.95 billion for 100 million doses of BNT162 (see “$2B COVID-19 Vaccine Deal with Pfizer, BioNTech”)...