Biotechnology is a field that involves the use of living organisms, cells, or biological systems to develop products and technologies that improve human life and the environment. It encompasses a wide range of applications, including the development of pharmaceuticals, genetic engineering, agricultural improvement, and environmental management. Biotechnology leverages biological processes and organisms to create solutions for healthcare, food production, and sustainable practices. Key techniques in biotechnology include genetic modification, cell culture, fermentation, and various molecular biology methods. By manipulating biological systems at the molecular or cellular level, biotechnology aims to enhance the efficiency of processes and the quality of products across various industries.
BioNTech is shifting focus from COVID-19 vaccines to developing mRNA-based cancer therapies, aiming for market approval by 2026. The company reported a fourth-quarter earnings of €1.08 per share and revenue…