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BAYRY Bayer Aktiengesellschaft (PK)

7.60
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Bayer Aktiengesellschaft (PK) USOTC:BAYRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 7.60 7.59 7.68 7.69 7.59 7.66 2,551,609 21:30:14

CureVac Shares Down 12%

15/10/2021 8:22pm

Dow Jones News


Bayer Aktiengesellschaft (PK) (USOTC:BAYRY)
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By Josh Beckerman

 

CureVac NV shares were recently down 12%, to $39.99, three days after it said it would end development of its first-generation Covid-19 vaccine candidate.

According to a Reuters report citing German newspaper Rheinische Post, Bayer AG and CureVac terminated a vaccine production agreement.

On Thursday, CureVac shareholder Dievini Hopp Biotech Holding GmbH filed an amended Form 13-D with the U.S. Securities and Exchange Commission. The amendment reflects an internal reorganization related to share ownership and the transfer of some shares to CureVac in connection with an investment and shareholders' agreement.

The company said in June that the first-generation CVnCoV vaccine was 48% effective in providing protection against Covid-19 of any severity, a lower figure than the vaccines approved in the U.S. In August, CureVac reported favorable preclinical data for a second-generation vaccine candidate.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

October 15, 2021 15:07 ET (19:07 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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