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ADRs End Higher; BioNTech, AnPac Among Companies Actively Trading


Provided by
Dow Jones
By Kimberly Chin
International stocks trading in New York closed higher on Wednesday.
The S&P/BNY Mellon index of American depositary receipts rose 1.6% to 166.45. The European index improved 1.9% to 140.80. The Asian index rose 1.3% to 234.36. The Latin American index increased 1.7% to 213.42. And the emerging-markets index rose 1.3% to 401.66.
BioNTech SE s ADRs rose 5.9% after the company and its partner Pfizer Inc. said Wednesday that their Covid-19 vaccine will be partly produced in South Africa from next year. The deal under which the Cape Town-based Biovac Institute will fill vials of the Pfizer-BioNTech vaccine and ready them for shipment follows growing pressure from the U.S., Europe and international organizations for drugmakers to do more to tackle global inequities in accessing Covid-19 shots. Biovac will deliver more than 100 million doses annually once its plant is fully operational next year ....

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