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Kildare Today

with Hannah Kelly

BioNTech Record Net Profits Of Over €2 Billion In Second Quarter Of 2021

File image: BioNTech/Twitter

Recorded €2.3billion profits between April & June

BioNTech, who along with Pfizer, developed the first widely used Covid-19 vaccine, has seen its profits surge in the second quarter of this year.

The German pharmaceutical firm recorded a net profit of over €2.3 billion, between April & June.

In a press release announcing the profits, it is noted that as of 21st July, over one billion doses "of BNT162b2 vaccine were supplied to more than 100 countries or territories worldwide."

The company says profits from the inoculation will help to develop additional drugs against cancer, and other diseases.

 

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