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BioNTech was founded in 2008 based on research by Uğur Şahin, Özlem Türeci, [8] and Christoph Huber, [9] with a seed investment of €180 million [10] from MIG Capital, a Munich-based venture capital firm, the family office of Andreas and Thomas Strüngmann, and the present chairman of the supervisory board, Helmut Jeggle.
Özlem Türeci (Turkish pronunciation: [ˈœzlem ˈtyredʒi]; born 6 March 1967) is a German physician, scientist and entrepreneur. In 2008, she co-founded the biotechnology company BioNTech, which in 2020 developed the first messenger RNA-based vaccine approved for use against COVID-19. [2]
Together with Özlem Türeci and Christoph Huber, Şahin founded the biotechnology company BioNTech, based in Mainz, Germany, in 2008 and serves as its CEO. [45] [46] BioNTech is focused on developing and manufacturing active immunotherapies for a patient-specific approach to the treatment of cancer and other serious diseases. [47]
(Reuters) - Germany's BioNTech SE said in a regulatory filing on Monday the U.S. Food and Drug Administration has placed a partial clinical hold on an early-stage study of its experimental cancer ...
Germany: 14 billion Aldi Nord and Trader Joe's: 164 Hasso Plattner Germany: 12.1 billion SAP: 195 Georg Schaeffler Germany: 10.9 billion Schaeffler Group: 203 Friedhelm Loh Germany: 10.6 billion Friedhelm Loh Group: 232 Andreas Strüngmann Germany: 9.8 billion Hexal, BioNTech: 232 Thomas Strüngmann Germany: 9.8 billion Hexal, BioNTech: 256 ...
Also in 2008, the Strüngmann brothers supported BioNTech with a €136.5 million seed investment in a €150 million round that enabled the founding of the company. [6] They earned $8 billion on their stake in BioNTech. [7] They own approximately 50 percent of the company as well as significant ownership in 4SC and Immatics. [3]
Marburg is a historic centre of the pharmaceutical industry in Germany, and there is a plant in the town (by BioNTech) to produce vaccines to tackle Covid-19. [4]
Location of Germany. Germany is a federal parliamentary republic in central-western Europe. Germany has the world's 3rd largest economy by nominal GDP, and the 5th largest by PPP. As a global leader in several industrial and technological sectors, it is both the world's third-largest exporter and importer of goods.