Pharmaceuticals are substances or compounds used in the diagnosis, treatment, or prevention of diseases and medical conditions. They are typically developed through extensive research and clinical trials to ensure their safety, efficacy, and quality. Pharmaceuticals can be classified into various categories, including prescription medications, over-the-counter drugs, vaccines, and biological products. These products can come in various forms such as tablets, capsules, injections, and topical applications. The pharmaceutical industry encompasses the research, development, manufacturing, and marketing of these products, playing a critical role in healthcare and medical advancements. The effectiveness of pharmaceuticals is often governed by regulations and guidelines to ensure that they meet the necessary standards for human use.
BioNTech is transitioning from its Covid-19 vaccine success to pioneering mRNA-based cancer therapies. The company experienced a decrease in quarterly earnings and annual revenue in 2024, yet exceeded market expectations.…