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flag BioNTech reports doubled Q2 revenue, plans $1.25B CureVac acquisition for cancer treatments.

flag BioNTech reported a nearly doubled Q2 revenue of €261 million, driven by increased sales of its COVID-19 vaccine. flag Despite a net loss of €387 million, the company sees improved financials and retained its 2025 revenue guidance. flag BioNTech also agreed to acquire CureVac for $1.25 billion to boost mRNA-based cancer treatments, and secured a deal with Bristol Myers Squibb for up to $11.1 billion for cancer immunotherapy development.

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