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Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

reuters.com

61–70 of 170 posts

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#61
post #5

This Covid vaccine was created by a German company founded by the children of Turkish immigrants. In this time of open racism and public hostility to immigration, this needs to be pointed out and repeated. It was children of Turkish immigrants to Germany.

you make it sound like these people were successful BECAUSE they were immigrants or because they were turkish. the way I see it is that these are gifted people that were (more) successful because they moved to Germany. people that are against immigration fear their country adopting cultural/political ideas from countries that people emigrate from.

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#62
post #10

The headquarter of their company is only 10 miles from my home, in a university town, full of young people. So blessed that maybe a part of the solution to this crisis comes from "my" region.

I was born in Mainz, and lived there for 30 years! Beautiful city, if anybody is in the area, come visit (but don't go to the "Ebsch Seit"=Wiesbaden :) The university has a particle accelerator (MAMI), they do tours!

As a resident of Mainz-Kastel, I am offended. The Ebsch Seit enjoys the far superior view across the Rhine.

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#63
post #35

BionTech needs to hire a top tier marketing and PR team immediately, they are failing bad at early media mentions, press releases and coverage. Unfortunately it's probably not within their DNA and they may not realize what is happening around them. This is a monster, monster opportunity and just 'existing' won't leverage it to the extent they can - it will help them fund, hire more, expand more, do more of what they…

I'd rather keep this to the theranos type of companies.

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#64
post #11
post #4

Little funny sidenote: On the sign in front of the building (in the photo) is the address of the company. It translates to "At the goldmine" ;-)

That is funny, but so it's clear, it's the name of the street...nothing specific to BioNTech.

Maybe the name was chosen specifically for that area when they were trying to attract startup companies?

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#65
post #48

Earlier quoted context omitted.

This is a misunderstanding of what communications is. The world works on information, if you don't take a seat at table, it will be taken by someone else. The notion that 'communicating' and 'lab work' would be somehow 'competing time and/or resource pressures' overall at the company is nonsense. They are mostly separate activities. Pfizer doesn't have to 'spin' anything, they are a legit partner in the deal, they ca…

Most German companies work like this, they even have their own moniker: "hidden champions". It appears to work just fine, if you're not selling to the public, what's the point of wasting money making the public aware of you? Also, not every company needs to be a Silicon-Valley-style startup which spouts endless PR nonsense about how their stupid internet-connected coffee machine is going to "change the world".

Your cynicism is misplaced (and borderline arrogant).

1) Germany is ~1% of the world's population, and an economy shrinking in size relative to the 'rest of world' quickly, a 'hidden champion' in Germany is almost irrelevant outside it's borders.

The world is a very big place, name recognition matters even within industry settings.

2) BioNTech has been losing money for a few years, they need this deal and everything from it. The CEO has a responsibility to make sure every element of credit is given where it's due.

3) The commenter below mentioned they are 'not small' - this is not quite true - they are 1000 people, which is actually relatively small for such a firm, their massive $20-25B valuation likely comes from kind of earlier understanding that they had a vaccine that was probably working, and such info was slowly leaked out to market over time. The the founder is 'Stock Rich' to the point of '100th Richest German' is really not a big deal.

There going to have to get out there and try to be as well known as some of the bigger brands.

Edit: I should point out that both Space X and Tesla would absolutely not exist were it not for the kind of communications strategy that Musk has embarked upon. Literally his appearance on Stephen Colbert was not only a plea for cash, but a plea for people to 'join the movement'. These things pervade just consumer elements and helps give him power and attention within other, non-consumer facing business operations such as the closed world of 'space'. Having made himself a very famous person enables him to open quite a lot of doors, get a lot of meetings, raise a lot of money, hire a lot of inspired people, which creates a virtuous circle unto it's own once products are materially released etc.. He did a great job of that.

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#66
post #5

This Covid vaccine was created by a German company founded by the children of Turkish immigrants. In this time of open racism and public hostility to immigration, this needs to be pointed out and repeated. It was children of Turkish immigrants to Germany.

no idea why this is getting downvoted. This is super relevant. Germany has had at best handled their Turkish immigrants in a step-motherly fashion and until today you're automatically at a huge disadvantage with a Turkish sounding name / look in a lot of roles and industries. Heck the government even had a plan up until the 90s around "sending them back to Turkey". So if anything the German media needs to do a way be…

Yeah, even people who honestly believe that they are firmly pro-immigrant often have trouble accepting them in any role beyond cleaning services or running a kebab place. In reaction to this, some third generation descendants of immigrants seem to identify less with the country they have never left longer than a short vacation than their parents and grandparents.

It is very valuable for both immigrants (+descendants) and natives to see such a nice example of success far outside of typical immigrant roles.

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#67
post #64
post #11

Earlier quoted context omitted.

That is funny, but so it's clear, it's the name of the street...nothing specific to BioNTech.

Maybe the name was chosen specifically for that area when they were trying to attract startup companies?

Hard to say. There's a homeless shelter across the street, which is a bit ironic.

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#68

So I've heard this is will be the first mRNA vaccine on the market, ever. How worried should I be, given the political pressure to get a COVID19 vaccine to market as quickly as possible?

I wouldn't sorry too much. We understand a lot of old worries and so we know they don't apply. They have a lot of data from previous forms of this type of things suggesting it is safe. We know the that injected "things" break down very quickly in the body, which again makes us believe there won't be any long term problems. Of course in the end who knows. There could be something, and we may not know for 10 years.

On the other hand, we know that Covid is killing a large number of people right now. We have enough data to confidently state that the long term adverse effects are overall less bad than Covid.

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#69
post #35

BionTech needs to hire a top tier marketing and PR team immediately, they are failing bad at early media mentions, press releases and coverage. Unfortunately it's probably not within their DNA and they may not realize what is happening around them. This is a monster, monster opportunity and just 'existing' won't leverage it to the extent they can - it will help them fund, hire more, expand more, do more of what they…

Seems to me that they have all the PR they need: it was enough to convince Pfizer to partner with them on something unknown and invest a ton of money into taking their idea from a lab to mass production in just a few months. If they had tried this along it would have been years before this vaccine was ready (if it ever got ready - odds are someone else would have something working first, or they go bankrupt getting the paperwork together)

Re: Behind Pfizer's vaccine, an understated husband-and-wife “dream team”

#70
post #65

Earlier quoted context omitted.

Most German companies work like this, they even have their own moniker: "hidden champions". It appears to work just fine, if you're not selling to the public, what's the point of wasting money making the public aware of you? Also, not every company needs to be a Silicon-Valley-style startup which spouts endless PR nonsense about how their stupid internet-connected coffee machine is going to "change the world".

Your cynicism is misplaced (and borderline arrogant). 1) Germany is ~1% of the world's population, and an economy shrinking in size relative to the 'rest of world' quickly, a 'hidden champion' in Germany is almost irrelevant outside it's borders. The world is a very big place, name recognition matters even within industry settings. 2) BioNTech has been losing money for a few years, they need this deal and everything…

Lookup what "hidden champion" actually means, such companies are highly competitive and successful in the global market with extremely specialized high-tech products in a small niche. Because they have specialized in high-quality niche-products they can focus their marketing money where it matters: their potential customers. And those customers are other companies, not people like you or me. Those companies are also often family-owned and not publicly traded. What's the point of maintaining a big PR circus for this type of company?
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