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flag BioNTech acquires rival CureVac for $1.25 billion to advance cancer mRNA treatments.

flag BioNTech, known for its COVID-19 vaccine with Pfizer, is acquiring rival CureVac for $1.25 billion to enhance cancer treatments using mRNA technology. flag The all-stock deal aims to combine both companies' expertise in mRNA design and manufacturing, improving cancer immunotherapy. flag The transaction, subject to regulatory approval, will make CureVac a wholly-owned subsidiary of BioNTech.

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