Could BioNTech Be a Millionaire-Maker Stock?
Some of the best inventions were just a combination of other great inventions. For instance, although they aren't as popular as they once were, modern fax machines simply combined the photocopier and the telephone. Putting two technologies together created an altogether new one, to solve a different problem.
BioNTech's (NASDAQ: BNTX) strategy for drug development resembles that approach. Despite its fame for developing a potential COVID-19 vaccine with Pfizer (NYSE: PFE), the company has many more drug candidates in the pipeline. With a novel approach and demonstrated success, could BioNTech be a millionaire-maker stock?
Image source: Getty Images.
Source Fool.com
