Pharmaceuticals refer to medicinal drugs that are developed, manufactured, and marketed for use in healthcare. These substances are designed to diagnose, cure, mitigate, treat, or prevent diseases and medical conditions in humans and animals. Pharmaceuticals can include a wide range of compounds, such as prescription medications, over-the-counter drugs, vaccines, and biologics. They are typically formulated in various forms, including tablets, capsules, injections, and topical treatments, among others. The development and regulation of pharmaceuticals involve rigorous research, clinical trials, and adherence to safety and efficacy standards set by health authorities, ensuring that they are effective and safe for public use. The pharmaceutical industry plays a critical role in advancing healthcare and improving the quality of life by providing innovative treatment options.
BioNTech is pivoting from COVID-19 vaccines to cancer therapies, leveraging mRNA technology. Despite a decline in quarterly profits, Q4 2024 earnings per share (EPS) of 1.08 euros exceeded expectations. The…