BioNTech will likely take 900 million eur write-off on Pfizer-partnered vaccines
© Reuters. FILE PHOTO: A vial of Biontech-Pfizer's Comirnaty vaccine against COVID-19 and syringes are seen during vaccination at the Institute for Health and Food Safety of Zenica, Bosnia and Herzegovina, December 16, 2021. REUTERS/Dado Ruvic/File photo) on Monday said it would likely take write-downs of up to 900 million euros in the third quarter after its partner
BioNTech will likely"recognize the effect of Pfizer's inventory write-offs and other charges related to Comirnaty in the third quarter of 2023 up to 0.9 billion euros, which represents BioNTech's half of the gross profit-sharing agreement with Pfizer", it said in a statement.
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