Germany's BioNTech , Pfizer's partner on COVID-19 vaccines, said on Monday its first-quarter net income plunged on lower demand for the shots as it widens its work on cancer and other diseases.
partner on COVID-19 vaccines, said on Monday its first-quarter net income plunged on lower demand for the shots as it widens its work on cancer and other diseases.
The company, which is also working on other vaccines against infections such as tuberculosis and shingles, said its quarterly net profit dropped to 502 million euros, down from 3.7 billion euros a year earlier, as COVID-19 vaccine demand plunged.the global emergency status for COVID-19, saying the virus that has killed more than 6.9 million people should now be managed along with other infectious diseases.
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