Biotechnology is a branch of science that involves the use of living organisms, cells, and biological systems to develop products and technologies for various applications. This interdisciplinary field combines principles from biology, chemistry, genetics, and engineering to manipulate biological materials for uses in medicine, agriculture, environmental management, and industrial processes. Common applications of biotechnology include the development of pharmaceuticals, genetically modified organisms (GMOs) for agriculture, bioremediation techniques for environmental cleanup, and advancements in diagnostic tools. Biotechnology can be divided into several subfields, including medical biotechnology, agricultural biotechnology, and industrial biotechnology, each focusing on specific applications of biological sciences.
Despite declining pandemic-driven demand, BioNTech reported an EPS of €1.08, surpassing analyst expectations. The company transitions from COVID-19 vaccine manufacturing to pioneering oncology solutions, aiming to launch its first cancer…