Biotechnology is a field of science that involves the use of living organisms, cells, and biological systems to develop products and technologies that can improve human life and the health of the planet. It encompasses a range of techniques and processes, including genetic engineering, molecular biology, and microbiology, to manipulate biological materials for various applications.
Biotechnology can be applied in numerous sectors, such as healthcare for the development of vaccines and therapeutics; agriculture for creating genetically modified crops that are pest-resistant or have enhanced nutritional profiles; and environmental science for bioremediation, which uses organisms to clean up contaminated environments.
The ultimate goal of biotechnology is to harness biological processes and systems to address challenges facing humanity in health, food production, energy, and the environment.
BioNTech is transitioning from its COVID-19 vaccine success to focus on pioneering cancer treatments using mRNA technology. Despite a significant drop in earnings, BioNTech exceeded analyst expectations, highlighting its resilience…