BioNTech's Strategic Shift: Diversifying Into Cancer Therapeutics

Marcin Klapczynski/iStock via Getty Images At a Glance In my previous analysis of Germany-based BioNTech (NASDAQ:BNTX), I underscored its potential for growth in immunotherapy and the importance of its oncology-focused initiatives. Since then, while their COVID-19 vaccine sales have declined further, the company has made notable progress in diversifying its portfolio. This is evident in their strategic expansion into antibody-drug conjugates (ADCs) and the acquisition of MediLink Therapeutics' ADC techn ...