Biotechnology is a field of science that involves the use of living organisms, cells, and biological systems to develop products and technologies that improve human life and health, as well as agricultural and environmental processes. It encompasses a wide range of techniques, including genetic engineering, molecular biology, and cell culture, to manipulate biological materials for practical applications. Biotechnology plays a crucial role in various industries, such as healthcare (for developing drugs and vaccines), agriculture (for creating genetically modified crops), and environmental management (for bioremediation and waste treatment). The goal of biotechnology is to use biological systems innovatively to solve problems and create new solutions in a sustainable manner.
BioNTech shifts focus from COVID-19 vaccines to pioneering cancer therapies, leveraging mRNA technology. Despite declining earnings, quarterly profits exceeded market expectations, with €1.08 per share and €1.19 billion in revenue.…