11/18/2020, 7:01 PM (Source: TeleTrader)
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Pfizer, BioNTech to file for vaccine approval on Friday - BioNTech CEO

Chief Executive Officer of BioNTech SE Ugur Sahin announced on Wednesday the company and its partner Pfizer Inc. would file a request with the United States Food and Drug Administration (FDA) for an Emergency Use Authorization (EUA) of their vaccine candidate against coronavirus this Friday.

Sahin also said the firms were hoping they would be able to develop a new formulation of vaccine that would be suitable for transportation without "any cold chain" in the second half of 2021.

Earlier in the day, the two companies announced their vaccine candidate showed 95% efficacy in preventing infections from COVID-19.

Breaking the News / JR