BioNTech raises $250m from Temasek, others via private placement

BioNTech raises $250m from Temasek, others via private placement

Photo: National Cancer Institute/Unsplash

Nasdaq-listed BioNTech, which is testing a COVID-19 vaccine candidate, said Monday it raised $250 million from Singapore state-owned investment company Temasek Holdings and other accredited investors in a private placement.