Qatar Investment Authority takes stake in vaccine-maker CureVac – ZAWYA

  • Date: 21-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:Qatar
  • Who else needs to know?

Qatar Investment Authority takes stake in vaccine-maker CureVac – ZAWYA

qatar investment authority takes stake in vaccine-maker curevac curevac raises $126mln from qia, other investors    berlin - german biotech company curevac said qatar investment authority (qia) has taken an undisclosed stake in the firm as part of a $126 million financing round, the latest high-profile investor to come onboard ahead of a potential stock market listing.tuesday's announcement is the fourth injection of funding in two months and comes just a day after british pharmaceutical company gsk bought a 10% stake in return for a $171 million investment. the german government also made a $343 million investment in june in return for a 23% holding in the firm, taking the total investment from a private financing round to $640 million, curevac said. tuesday's announcement is the fourth injection of funding in two months and comes just a day after british pharmaceutical company gsk bought a 10% stake in return for a $171 million investment. berlin - german biotech company curevac said qatar investment authority (qia) has taken an undisclosed stake in the firm as part of a $126 million financing round, the latest high-profile investor to come onboard ahead of a potential stock market listing.the german government also made a $343 million investment