A pandemic is an outbreak of a disease that occurs on a global scale, affecting a large number of people across multiple countries or continents. It typically involves a new infectious agent or strain that can easily spread among human populations, leading to widespread transmission. Pandemics often arise when a pathogen (such as a virus or bacterium) is introduced to a new human population, where it encounters a lack of pre-existing immunity. The term is commonly associated with infectious diseases but can also describe circumstances in which other health crises or conditions impact populations broadly. A pandemic typically induces substantial social, economic, and health challenges, prompting coordinated responses from governments, health organizations, and the community to mitigate its effects.
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…