Expected Corona Vaccine Will Bring Huge Profits to German Company Biontech | Health | A must for better health | DW



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Perhaps Turkish-born German Agur Shaheen and his wife Ozlem Turichi could not have imagined that the business that brought his daughters together for years would save the world from an epidemic that has caused hundreds thousands of lives lost, in addition to generating billions of dollars in profits.

The vaccine, developed by the biotechnology company BioNTech, in cooperation with the American company Pfizer, has shownPositive results in the third critical phase of clinical trials to ensure the efficacy and safety of the vaccine.

Once the vaccine’s promising results were announced, the company’s shares rose 23.4%, topping $ 21 billion, according to the British Guardian newspaper’s website.

Biontech was founded in 2008 by Agur Shaheen and his wife, Oslem Turici, with the participation of Austrian oncologist Christoph Huber, with the aim of developing a treatment for cancer by modifying cells that target genes that resist the disease. smart.

In an interview he gave to German director Magazin, Shaheen said the company decided to direct its resources towards an attempt to treat the Corona virus, as soon as it announced its emergence in China.

With the arrival of the virus in Germany and its announcement of the imposition of comprehensive lockdowns in March, the company had already reached 20 possible vaccines against the virus, to begin testing the vaccines offered through a research program called Lightspeed. with the participation of 500 scientific researchers.

The new vaccine against Corona is based on modern technology, which involves injecting part of the genetic makeup of the virus into a person in order to “train” the immune system.

Shaheen previously told Echo Online on YouTube that his company, which employs 1,300 people and is headquartered in Mainz, Germany, would have had access to the vaccine on its own, but that it “had difficulty distributing it.” “.

US company Pfizer paid $ 185 million to develop a vaccine against Corona, and it will pay another $ 563 million when completed. The current cooperation between the German Biontech and the American Pfizer to deal with the Corona virus is not the first, as the two companies have been working together since 2018 to develop influenza vaccines.

The German company Biontech and its American partner are preparing to obtain a license in the USA And Europe, in order to bring it to market as quickly as possible.

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