Urgent.News

What's breaking now, across thousands of outlets.

Business

Biotech group: Three German Biontech locations to be closed

No buyer has been found for the facilities in Idar-Oberstein, Marburg and Tübingen. Biontech announces that the closures will be implemented in a socially responsible manner.

Translated from German Read in German

Biotech group: Three German Biontech locations to be closed

The biotech conglomerate Biontech has announced that three of its German sites - located in Idar-Oberstein, Marburg, and Tübingen - will be closing in the coming years. This decision affects approximately 1,800 employees. Tübingen is slated to close at the end of 2027, Marburg at the beginning of 2028, and Idar-Oberstein at the end of 2028.

Biontech attributes the inability to sell the companies primarily to the challenging current market and investment climate. To make the closures more socially acceptable, the company claims it has agreed to additional severance conditions with the company council at each location. The Idar-Oberstein plant, with a rich history, produced Covid-19 mRNA vaccines and plasmid DNA, an essential raw material for mRNA vaccines and cell therapies.

Originally acquired from Swiss pharmaceutical company Novartis, Biontech invested millions in the site. Marburg's facility housed mRNA vaccines and plasmid DNA, as well as Curevac, a former competitor in the race to develop a coronavirus vaccine.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at handelsblatt.com →

More in Business

Dangote’s Kenya refinery to generate 1,000MW, double Lagos plant

Dangote Group’s planned refinery in Lamu, Kenya, is expected to generate about 1,000 megawatts (MW) of electricity, twice the power-generation capacity of its refinery in Lagos.

  • Aliko Dangote revealed plan during visit on September 25, 2026, ahead of Lamu groundbreaking.
  • Half of power capacity to be supplied to Kenyan government, exceeding refinery's energy needs.

Medical Scientists vote for industrial action

Medical scientists who are members of the Medical Laboratory Scientists Association (MLSA) have voted overwhelmingly in favour of industrial action over delays in agreeing a new public sector pay…

More from Monday 28 September →