đź”´Quotes from BioNTech's SEC Filing To Investors (Feb 2020)
"Our investors currently include... the Bill & Melinda Gates Foundation."
"On August 30, 2019, we entered into a letter agreement and an investment agreement with the Bill & Melinda Gates Foundation, or BMGF, pursuant to which BMGF acquired 3,038,674 of our ordinary shares for $55 million at the price of our Series B financing."
First case of COVID-19 dates back to November 17, 2019 according to South China Morning Post and there are reports of a potential outbreak during the October 18-27, 2019 Military Games in Wuhan, China.
To summarize, Gates invested $55 million in BioNTech 1.5 - 2.5 months before the first COVID-19 cases.
October 1, 2021: BioNTech (BNTX) $254.79 per share
3,038,674 shares x $254.79 = $774,223,748.46
$774,223,748.46 - $55,000,000 = $719,223,748.46
https://www.sec.gov/Archiv...
KanekoaTheGreat
🔵con in com
"Our investors currently include... the Bill & Melinda Gates Foundation."
"On August 30, 2019, we entered into a letter agreement and an investment agreement with the Bill & Melinda Gates Foundation, or BMGF, pursuant to which BMGF acquired 3,038,674 of our ordinary shares for $55 million at the price of our Series B financing."
First case of COVID-19 dates back to November 17, 2019 according to South China Morning Post and there are reports of a potential outbreak during the October 18-27, 2019 Military Games in Wuhan, China.
To summarize, Gates invested $55 million in BioNTech 1.5 - 2.5 months before the first COVID-19 cases.
October 1, 2021: BioNTech (BNTX) $254.79 per share
3,038,674 shares x $254.79 = $774,223,748.46
$774,223,748.46 - $55,000,000 = $719,223,748.46
https://www.sec.gov/Archiv...
KanekoaTheGreat
🔵con in com
07:29 PM - Oct 04, 2021
Only people mentioned by r363ll10n in this post can reply
r363l l10n
@r363ll10n
04 October, 07:29
In response r363l l10n to her Publication
Since August 30, 2019, Gates made $719 million in profit on his $55 million BioNTech investment.
"We are a clinical-stage biopharmaceutical company with no pharmaceutical products approved for commercial sale."
"No mRNA immunotherapy has been approved, and none may ever be approved, in this new potential category of therapeutics. mRNA drug development has substantial clinical development and regulatory risks due to the novel and unprecedented nature of this new category of therapeutics."
"To our knowledge, there is no current precedent for an mRNA-based immunotherapy such as the type we are developing being approved for sale by the FDA, European Commission or any other regulatory agency elsewhere in the world."
"We are a clinical-stage biopharmaceutical company with no pharmaceutical products approved for commercial sale."
"No mRNA immunotherapy has been approved, and none may ever be approved, in this new potential category of therapeutics. mRNA drug development has substantial clinical development and regulatory risks due to the novel and unprecedented nature of this new category of therapeutics."
"To our knowledge, there is no current precedent for an mRNA-based immunotherapy such as the type we are developing being approved for sale by the FDA, European Commission or any other regulatory agency elsewhere in the world."
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