The healthcare industry refers to the sector that provides medical services, produces healthcare goods, and engages in research and development related to health. This industry encompasses a range of services and products, including hospitals, clinics, nursing homes, medical equipment, pharmaceuticals, biotechnology, and other health-related services. It also includes health insurance and various preventive care services aimed at maintaining or improving health. The primary goal of the healthcare industry is to promote health, prevent illness, treat injuries and diseases, and enhance the overall quality of life for individuals and populations. It plays a critical role in public health management and influences economic and social policies globally.
BioNTech is transitioning from COVID-19 vaccine production to focus on cancer therapeutics, using its mRNA technology. Q4 2024 financial results show decreased profits and revenue; earnings per share dropped to…