BioNTech SE

BioNTech and Bristol Myers Squibb have formed a billion-euro alliance to co-develop and co-commercialize a groundbreaking cancer treatment, BNT327, which has the potential to revolutionize cancer care.

BioNTech SE’s stock price has declined due to disappointing study results from a competitor, casting uncertainty over its new cancer therapy initiatives and sparking a broader debate about its oncology pipeline.