Biotechnology is a field that combines biology and technology to manipulate living organisms, cells, and biological systems to develop products and processes for various applications. It encompasses a range of techniques, including genetic engineering, molecular biology, and biochemistry, to enhance or modify organisms for purposes such as medicine, agriculture, and environmental management. Biotechnology is used in producing pharmaceuticals, improving crop yields, creating biofuels, and developing diagnostic tools, among other innovations. The aim of biotechnology is to harness biological processes for practical and beneficial outcomes, contributing to advancements in health, food security, and sustainability.
BioNTech's profits fell significantly due to declining pandemic revenues and increased investment in cancer treatments. Despite a drop in earnings, BioNTech's financial results surpassed market expectations for the fourth quarter…