ICYMI: Pfizer and BioNTech's potential vaccine for the coronavirus could be set for emergency use in the fall — well ahead of experts' predictions
a deal in mid-March in which Pfizer leveraged the German biotech's drug development platform and both companies utilized each other's research and development sites. The duo's vaccine for the novel coronavirus could be set for emergency use in the fall — well ahead of experts' predictions — with the potential for hundreds of millions of doses to be produced in 2021.
As biotechs showcase their ability to quickly develop novel vaccines, we expect to see pharmaceutical companies increasingly forge partnerships with them that could outlast the pandemic. The promise of BioNTech's recent work with Pfizer lies in biotech firms' research brawn and ability to develop vaccine candidates for novel diseases via technologies like AI.
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