BioNTech receives notice from NIH regarding unpaid royalties related to COVID-19 vaccine.

BioNTech, the German pharmaceutical company behind the Pfizer-partnered COVID-19 vaccine, has reportedly received a notice from the U.S. National Institutes of Health (NIH) about a default on the payment of royalties related to the vaccine. BioNTech disagrees with the NIH's positions and intends to defend against any allegations of breach. The NIH alleges that the company owes certain royalty payments due to licensing certain patents.

March 25, 2024
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