This story is from February 19, 2023
BioNTech sees UK trials on cancer vaccines starting this year
BERLIN: Clinical trials for BioNTech's cancer vaccines should start this year in Britain, marking an important step towards their possible sale on the open market, the German company's top executive Ugur Sahin told magazine Der Spiegel.
BioNTech, known for its COVID vaccine with U.S. partner Pfizer, is currently deciding which types of cancer it wants to test its personalized cancer immunotherapies on and the locations where it will conduct the trials, Sahin said.
The company wants these therapies, which are based on messenger RNA (mRNA) technology similar to the one that underpins its COVID-19 vaccine, to soon become a regular treatment for cancer patients.
"We believe that this should be possible for large amounts of patients before 2030," Sahin said.
The technology for this type of therapy has come a long way, he said.
"In 2014 we needed 3-6 months to create an individualized cancer vaccine, now we need 4-6 weeks. Our aim is to get it significantly under 4 weeks."
Stay informed with the latest Business News on Times of India. Explore the list of Bank Holidays, stay informed about Budget 2025, discover the new Income Tax Slabs, and use the Income Tax Calculator for hassle-free tax planning.
Unlock Investment Potential: Enroll in ET's Stock Valuation Workshop - Batch 3. Secure Your Spot Now!
The company wants these therapies, which are based on messenger RNA (mRNA) technology similar to the one that underpins its COVID-19 vaccine, to soon become a regular treatment for cancer patients.
"We believe that this should be possible for large amounts of patients before 2030," Sahin said.
The technology for this type of therapy has come a long way, he said.
"In 2014 we needed 3-6 months to create an individualized cancer vaccine, now we need 4-6 weeks. Our aim is to get it significantly under 4 weeks."
Stay informed with the latest Business News on Times of India. Explore the list of Bank Holidays, stay informed about Budget 2025, discover the new Income Tax Slabs, and use the Income Tax Calculator for hassle-free tax planning.
Unlock Investment Potential: Enroll in ET's Stock Valuation Workshop - Batch 3. Secure Your Spot Now!
Popular from Business
- UBS to double its GCC footprint in Hyderabad with additional 1,800 jobs
- Women centric Direct Benefit Transfer have bled state finances: SBI
- Gagillapur plant closure over USFDA observations pulls Granules Q3 PAT down 6%
- UPS offering assured payouts for central govt staffers notified
- Gen Z gets high on low, zero-alcohol beers
end of article
Trending Stories
- "Tears came out of my eyes": Anupam Kher after taking holy dip in Sangam at Maha Kumbh Mela
- Budget 2025 halwa ceremony to be held today with FM Sitharaman: What is halwa ceremony & its significance?
- Stock market today: BSE Sensex over 200 points up; Nifty50 above 23,250
- Budget 2025 Expectations Live Updates: Will FM Nirmala Sitharaman lower income tax rates to boost consumption, GDP growth?
- Restaurants to tap ONDC to take on Zomato, Swiggy
- Budget 2025 Expectations Live Updates: Income tax changes on the cards? All eyes on FM Nirmala Sitharaman's Union Budget
- Vande Bharat sleeper much better than Rajdhani; 50 new Amrit Bharat trains soon: ICF GM U Subba Rao shares exclusive details of Indian Railways big plans
Visual Stories
- 8 Powerful Habits to Unlock Your Full Potential as a Student
- 8 Mistakes to Avoid while filling the UPSC Application Form
- 9 Ways to Prepare for Exams with Nighttime Study Strategies
- 8 Life-Changing Benefits of Waking Up Early for Students
- 9 Time Management Tips to Ace Your Board Exams
UP NEXT
Start a Conversation
Post comment