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Category: Finance

BioNTech stock quote 18-9-2020

Company: BioNTechTicker: BNTXExchange: NASDAQLast Trade: $67.00Change: 0.22% Change: +0.33%Volume: 2,607,052Day’s High: $68.44Day’s Low: $65.17Previous Close: $66.78 Service provided by Intrado Digital Media, LLC

BioNTech to Receive up to €375M in Funding from German Federal Ministry of Education and Research to Support COVID-19 Vaccine

BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”) today announced that it will receive a grant of up to 375 million Euro from an initiative by the German Federal Ministry of Education and Research (BMBF) to support the accelerated development of SARS-CoV-2 vaccines. BioNTech will use the milestone-based BMBF funding to support its contribution to […]

State aid: EU Commission approves €199.45 million Italian support to compensate Alitalia for damages suffered due to coronavirus outbreak

The European Commission has found Italian €199.45 million support in favour of Alitalia to be in line with EU State aid rules. The measure aims at compensating the airline for the damages suffered due to the coronavirus outbreak. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This measure will enable Italy to compensate […]

Merck Places Hybrid Bond Amounting to €1.0 billion

Merck, a leading science and technology company, today successfully placed a hybrid bond amounting to €1.0 billion. The placement has a maturity of 60 years with an early redemption option for Merck after six years and a coupon of 1.625 % payable annually. In addition to the new issue, Merck also announced a cash tender […]

Novartis announces ambitious ESG targets to increase access to medicines and achieve full carbon neutrality

• 2025 target to increase patients reached in LMICs with strategic innovative medicines by 200% and the Novartis Flagship Programs by 50% – bringing potential reach to over 23 million patients across these initiatives • Enhanced target for full carbon neutrality across all company operations and entire supply chain by 20301 • New collaboration with […]

Merck today announced that it is launching a € 100,000 Community Involvement Initiative.

Performance Materials Launches € 100,000 Community Involvement Initiative Employees to engage in charitable projects in Asia, Africa and the United States A € 100,000 fund will support four social projects that help communities around the world Merck, a leading science and technology company, today announced that it is launching a € 100,000 Community Involvement Initiative. […]

Breakdown of the pledges made yesterday in the ‘Global Goal’ Summit

Coronavirus Global Response Yesterday (June 27th,2020) ‘Global Goal: Unite for our Future’ Summit brought an additional €6.15 billion of funding under the Coronavirus Global Response, bringing the total pledged under the initiative since 4 May to almost €16 billion. ‘Team Europe’ contributed significantly to the success of the pledging summit – the European Commission, EU […]

Global Goal Unite for Our Future,’ Global Citizen and The European Commission Mobilize $1.5 Billion In Cash Grants

… and $5.4 Billion In Loans and Guarantees—For A Total Of $6.9 Billion Pledged—To Combat the Disproportionate Impact of Covid-19 On Vulnerable and Disadvantaged Communities Summary ‌‌International‌ ‌advocacy‌ ‌organization‌ Global Citizen and the European Commission (EC) today‌ hosted Global Goal: Unite for Our Future – The Summit and The Concert, as part of a global […]

Coronavirus Global Response: EIB and EU Commission pledge additional €4.9 billion

The ‘Global Goal: Unite for our Future’pledging summit organised today by the European Commission and Global Citizen mobilised €6.15 billion in additional funding to help develop and ensure equitable access to coronavirus vaccines, tests and treatments. The money raised will also support economic recovery in the world’s most fragile regions and communities. This amount includes […]

State aid: EU Commission approves €7.6 billion Italian tax schemes to support companies and self-employed workers affected by coronavirus outbreak

The European Commission has approved four Italian aid schemes to support companies and self-employed workers affected by the coronavirus outbreak. The four measures, which are part of a wider Italian support package included in the so-called “Decreto Rilancio”,were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended […]

State aid: EU Commission approves a €2.6 million Czech scheme to support companies affected by coronavirus outbreak in the Moravia-Silesia region

The European Commission has approved a €2.6 million Czech scheme to support companies affected by the coronavirus outbreak. The scheme, set up by the Moravia-Silesia region, was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020 and 8 May 2020. The public support […]

State aid: EU Commission approves €50 million Lithuanian measures in support of companies operating in the travel sector affected by the coronavirus outbreak

The European Commission approved two Lithuanian measures, with an estimated total budget of €50 million, to support travel agencies, tour operators, accommodation and catering businesses which were affected by the measures adopted by the Lithuanian authorities to face the coronavirus health emergency. The measures were approved under the State aid Temporary Framework adopted by the […]

Coronavirus: EU channels further assistance to Armenia, Georgia, Moldova, Ukraine and Belarus

This week, an Emergency Medical Team of 10 doctors and nurses from Italy are preparing their mission to Armenia, via the EU Civil Protection Mechanism. They will provide further assistance in addition to last week’s deployed medical experts from Lithuania. In addition, in response to requests for assistance under the Mechanism, Poland has offered disinfectant, […]

Novartis Resolves Legacy FCPA Investigations

Novartis has reached settlements with the US Department of Justice (DOJ) and the US Securities and Exchange Commission (SEC) resolving all Foreign Corrupt Practices Act (FCPA) investigations into historical conduct by the Company and its subsidiaries. As part of the settlements, Novartis and certain of its current and former subsidiaries will pay USD 233.9 million […]

Cohesion policy: better quality emergency care in rural Romania

The European Commission has approved an investment worth €47 million from the European Regional Development Fund to build and equip an emergency hospital in Cluj, Romania, which will serve the largely rural North West region. This project consists of nearly 850-bed hospital equipped with advanced technology to ensure better quality emergency care and access to […]

State aid: EU Commission approves €40 million Portuguese scheme to support companies affected by the coronavirus outbreak in the autonomous region of Madeira

The European Commission has approved a €40 million Portuguese scheme to support companies affected by the coronavirus outbreak in the autonomous region of Madeira. The scheme was approved under the State aid Temporary Frameworkadopted by the Commission on 19 March 2020, as amended on 3 April 2020 and on 8 May 2020. The support will […]

State aid: EU Commission approves €21 million Belgian scheme to support the production of coronavirus-relevant products in the Flemish region

The European Commission has approved a €21 million Belgian scheme to support the production of coronavirus-relevant medical products, equipment, technologies and raw materials in the Flemish region. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020 and 8 May 2020. […]

State aid: EU Commission approves modified €288 million Hungarian scheme to support companies affected by coronavirus outbreak

The European Commission has found the modification of a previously approved Hungarian scheme to support the Hungarian economy in the context of the coronavirus outbreak to be in line with EU State aid rules, in particular with the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April […]

Coronavirus Global Response: world leaders summit and concert line-up announced for 27 June

The ‘Global Goal: Unite For Our Future’ campaign launched by the Commission and the international advocacy organisation Global Citizen on 28 May will culminate in a global pledging summit and concert on Saturday 27 June. The aim is to mobilise additional funding to develop and deploy coronavirus vaccines, tests and treatments. Access to vaccines everywhere, […]

Novartis Cosentyx® receives FDA approval for new indication to treat active non-radiographic axial spondyloarthritis

• FDA approval for Cosentyx® is based on the Phase III PREVENT trial, demonstrating efficacy in active non-radiographic axial spondyloarthritis (nr-axSpA), which is part of the axial spondyloarthritis (axSpA) disease spectrum • There are an estimated 2.7M people living with axial spondyloarthritis (axSpA) in the US; however, it remains significantly underdiagnosed1,2 • nr-axSpA approval is […]

BioNTech – Supporting innovative medical technology to fight COVID-19

Supporting innovative medical technology is key to Team Europe’s response to the Coronavirus pandemic: this is why the European Investment Bank, together with the European Commission, is backing German biopharmaceutical company BioNTech’s COVID-19 vaccine development and manufacturing programme with up to €100 million in debt financing under the Investment Plan for Europe. Find out more […]

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