MS BioNTech WKN: A2PSR2 ISIN: US09075V1026 Forum: Aktien User: Thekla
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“Over the remainder of 2023 we do expect shares to trade mostly on COVID vaccine outlook. However, longer term we think that the company has assembled the most complete, well-rounded oncology pipeline in biotech,” Canaccord analysts wrote. The analysts noted BioNTech’s early clinical approaches including personalized cancer vaccines and CAR-T approaches, saying they offer the opportunity to transform cancer treatment. Meanwhile, recent M&A (such as the deal with DualityBio for ADCs and OncoC4 for a CTLA-4 antibody) offer potential improvements to more validated commercial mechanisms. “We like these additions for two main reasons,” the analysts highlighted. “As a company developing multiple combinable approaches to oncology, acquiring rights to combinable assets creates multiple synergies to the larger portfolio, and the shorter runway to meaningful commercial contribution.helps provide a clear long-term path to become a growing profitable and growing oncology company. Along with a Buy rating, Canaccord has a price target of US$203 on BioNTech stock, which is currently trading above $102 in New York.
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