BioNTech SE Acquires InstaDeep Ltd.

January 10, 2023

BioNTech SE has agreed to acquire the remaining shares of InstaDeep Ltd. for approximately £362 million in cash and BioNTech shares, with up to ~£200 million of additional performance-based milestone payments. The acquisition brings roughly 240 AI, ML and software professionals into BioNTech to accelerate AI-driven drug discovery, embed InstaDeep’s DeepChain platform in BioNTech’s discovery pipeline, and expand BioNTech’s global AI capabilities.

Buyers
BioNTech SE
Targets
InstaDeep Ltd.
Sellers
InstaDeep shareholders
Location
England, United Kingdom
Transaction Type
Buyout

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