BioNTech: More Uncertainty Emerges
Summary
- BioNTech SE's turn toward oncology treatments has the potential to tap multi-billion-dollar markets in the future.
- The recent acquisition of CureVac and the deal with Bristol Myers Squibb validate management's strategy.
- However, clinical uncertainty, political concerns, and intense competitive pressures prevent investor clarity, leading to a hold rating for BNTX stock.
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