Biotechnology is the scientific discipline that involves the use of living organisms, cells, and biological systems to develop products and technologies for a variety of applications. It encompasses a range of techniques such as genetic engineering, genomics, and molecular biology, which enable the manipulation of biological systems to create innovations in fields like medicine, agriculture, and environmental science. The applications of biotechnology include the development of genetically modified organisms (GMOs), biopharmaceuticals, diagnostic tools, and biofuels. By harnessing biological processes, biotechnology aims to improve health outcomes, enhance crop yields, and address environmental challenges, making it a key driver of advancements in various sectors.
BioNTech's mRNA vaccine success transitions to a new chapter focusing on cancer therapies. The company reported a decline in earnings per share to 1.08 euros but beat market expectations. Revenue…