Biotechnology is a field of science that involves the manipulation of living organisms or their components to develop products or technologies that benefit humanity. This encompasses a wide range of techniques and processes, including genetic engineering, molecular biology, biochemistry, and cell biology. Biotechnology is utilized in various applications such as medicine (for developing pharmaceuticals and vaccines), agriculture (for creating genetically modified crops), environmental management (for bioremediation and waste treatment), and industrial processes (such as fermentation and biofuels production). The discipline combines biological sciences with technology to solve problems and create innovative solutions across different sectors.
BioNTech, known for its COVID-19 vaccine, is shifting focus to mRNA technology for cancer treatment. Vaccine revenue declines have led to significant financial losses, prompting the company to pursue oncology…