Pfizer to make foray into gene editing, expand mRNA in 2022

https://finance.yahoo.com/news/pfizer-to-make-foray-into-gene-editing-expand-m-rna-in-2022-144902650-153110783.html

Pfizer (PFE) may be the most recognized COVID-19 vaccine brand, but that’s due in part to its collaboration with BioNTech (BNTX). It’s why the companies recently announced they’re expanding their partnership to create more mRNA vaccines.

But that isn’t all Pfizer is up to for 2022. The company also announced a deal with Codex DNA to improve production of its vaccines, and a $1.3 billion deal with gene-editing biotech Beam Therapeutics (BEAM), as presented at the JPMorgan annual health care conference Monday.

In pursuing the Beam Therapeutics partnership, Bourla is tapping into a fast-growing segment of therapies. Gene editing is making waves in biotech, and the most recent example appeared Monday, with a modified pig’s heart transplanted into a human.

The deal with Codex plays a key role in both this and the mRNA ventures, Bourla said. It will significantly cut down the time it takes to synthesize DNA – a key ingredient for any mRNA project. For example, the current vaccine takes one month to make, with one-third of that time dedicated to building the DNA template.


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