NEW YORK: Pfizer Inc and Germany’s BioNTech SE will develop an mRNA-based vaccine for the prevention of viral infection shingles, collaborating for the third time after the success of their COVID-19 vaccine based on the same technology.

Pfizer partnered with BioNTech in 2018 for an Influenza vaccine and again in 2020 for the COVID-19 shot that has been used across the world and has brought in billions in sales for the companies.

Shares of U.S. drugmaker Pfizer were up 1.5% at $55.35 in premarket trading.