BioNTech suffers huge losses German drugmaker BioNTech has suffered a huge loss in 2024 due to a drop in global demand for its Covid-19 vaccine. According to a company report released on Monday, their loss in the past year was 665.3 million euros (about $721 million). Despite earning a profit of more than 930 million euros in 2023, BioNTech failed to make a profit in any financial year for the first time since 2019 due to the company’s huge loss in 2024. According to the report, the company’s revenue in…
Read MoreBioNTech suffers huge losses as vaccine demand falls
