Important new developments in Germany in the last 10 years? Interesting question, I can think of two right now:
- Stable Diffusion at Heidelberg University
- Biontech/Pfizer covid vaccine in Mainz
- What else?
- Stable Diffusion at Heidelberg University
- Biontech/Pfizer covid vaccine in Mainz
- What else?
Stability AI is not a German company and Biontech's market cap is where it was before Covid.
Biontech is swimming in money and using it to foster its main goal, finding better cures for cancer.
My main point was that I can think of only two success stories.
If Biontech is swimming in money now and did not before Covid, why didn't their market cap increase?
The U.S. props up the dollar with military force, buys IP and talent from everywhere and profits.
If they bought it, why was it more attractive to sell to the US?