Pfizer, BioNTech's coronavirus vaccine candidates get FDA's 'fast track' status

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Pfizer, BioNTech's coronavirus vaccine candidates get FDA's 'fast track' status
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Two experimental coronavirus vaccines jointly developed by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer have received 'fast track' designation from the U.S. drug regulator, the companies said on Monday.

) have received ‘fast track’ designation from the U.S. drug regulator, the companies said on Monday.

Pfizer’s shares were up about 2% and U.S.-listed shares of BioNTech were up about 6% before the bell. Early data from the German trial of BNT162b1 are expected to be released in July, the companies said.

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