Positive vote clears path for US approval of BioNTech-Pfizer vaccine

11 December 2020

A key advisory panel of the US medicines regulator has voted in favor of providing Emergency Use Authorization (EUA) for BioNTech (Nasdaq: BNTX) and Pfizer’s (NYSE: PFE) coronavirus vaccine.

The outcome was widely anticipated, after briefing notes released before the meeting highlighted the safety and efficacy of the innovative mRNA-based product.

Pfizer stock rose 3% overnight after closing slightly lower. BioNTech stock climbed 3% in extended trade after a 5.5% pop Thursday.

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