BioNTech SE purchases German manufacturing site with a production capacity of 750 million doses per year of its Covid-19 vaccine, more than double the amount the company can produce as it prepares to deliver to the world his vaccine still unproven.
The purchase of the site from the Swiss pharmaceutical giantNovartis AG shows the confidence of German biotechnology in the experimental vaccine it is developing with its American partnerPfizer Inc. and Shanghai Fosun Pharmaceutical Group Co. of China.The site will allow BioNTech to increase production faster than if it had relied on expanding existing sites, as it originally planned, has CEO Ugur Sahin said in an interview on Wednesday evening. .
“Particularly in the first half of 2021, we can get more doses than initially expected,” Sahin said.
BioNTech’s vaccine candidate and rivals are making their way through clinical studies amid intense public scrutiny – and in some countries, political promises. In the United States, Paul Mango, one of the administration’s Covid-19 vaccination program leaders, said on Wednesday that every American could be vaccinated by the end of March.
Trump wants vaccine faster than anyone in history has made
BioNTech and Pfizer are looking to ship 100 million doses of the vaccine this year – enough for 50 million people to receive a two-dose vaccination – and with this supply already split across multiple governments, it wouldn’t be enough to cover the United States. Sahin said. The partners expect to get initial data from a 44,000-person study next month showing whether the vaccine works.
Ramp Until full production capacity will take some time. The new site will be able to manufacture 250 million doses of its vaccine in the first half of next year, and then up to 750 million doses per year when fully operational. The photos will supply the Chinese market as well as other countries around the world. Pfizer will also produce the vaccine in the United States and Europe.
Together, Pfizer and BioNTech initially said they could manufacture more than 1.3 billion doses of the vaccine by the end of next year. Today’s manufacturing agreement will increase their joint capacity by at least 300 million doses per year, Sahin said.
BioNTech said it plans to complete the deal for the Marburg site, north of Frankfurt, in the fourth quarter. He did not disclose the financial terms.
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