BioNTech to Close Three Plants in Germany Due to Drop in Demand for Covid-19 Vaccines

GERMANY - BioNTech announced the closure of three of its production plants in Germany, a decision related to the low utilization of its industrial capacity and the reduction in demand for messenger RNA (mRNA) vaccines used against Covid-19.

The German company faces a different scenario than that experienced during the first years of the pandemic, when the need for vaccines led to a significant expansion of production and installed capacity.

With the decrease in demand, BioNTech seeks to adjust its operations and reduce infrastructure that is no longer necessary to maintain its production levels.

The closures are part of a reorganization of its facilities in Germany, in a context where the company has focused some of its resources on the development of new treatments and vaccines based on mRNA technology.

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