CureVac is a pioneering biotech company focused on mRNA drugs for oncology and vaccines. In biotech, value derives from research quality, patent strength, and clinical success probability, not current revenues. CVAC boasts over 25 years of research and nearly 1,000 mRNA patents, highlighting its intellectual property strength.
CVAC jumps 41% in a month after signing a $1.25B deal to be acquired by BioNTech to accelerate mRNA therapy development.
Biotech stock CureVac NV (NASDAQ:CVAC) was last seen up 32.2% at $5.37, after news that BioNTech (BNTX) is acquiring the company in all-stock deal worth $1.25 billion.
| Biotechnology Industry | Healthcare Sector | Alexander Zehnder CEO | XFRA Exchange | NL0015436031 ISIN |
| DE Country | 825 Employees | - Last Dividend | - Last Split | - IPO Date |
CureVac N.V. is a pioneering biopharmaceutical company rooted in Tübingen, Germany, established in the year 2000. The company is committed to the advancement of transformative medicines through the innovative use of messenger ribonucleic acid (mRNA) technology. CureVac N.V. is on the forefront of developing mRNA-based therapeutics and vaccines aimed at addressing a wide array of diseases, ranging from infectious diseases to cancer.