Will BioNTech’s Bold Bet on Cancer Revolutionize Treatment by 2026?
BioNTech's revenue dropped from €3.82 billion in 2023 to €2.75 billion in 2024, with losses expanding to €700 million from a €9.4 billion profit in 2021. The company is shifting…
Biotechnology is a field of science that involves the use of living organisms, cells, or biological systems to develop products and technologies that improve healthcare, agriculture, and other industries. It encompasses a wide range of techniques and applications, including genetic engineering, molecular biology, and biochemistry. Biotechnology is utilized to create medications, vaccines, and diagnostic tools, as well as to enhance crop yields and resistance to pests in agriculture. The main goal of biotechnology is to harness biological processes for beneficial purposes, resulting in innovative solutions to challenges in health, food production, and environmental management.
BioNTech's revenue dropped from €3.82 billion in 2023 to €2.75 billion in 2024, with losses expanding to €700 million from a €9.4 billion profit in 2021. The company is shifting…