Pharmaceuticals are substances used in the diagnosis, treatment, prevention, or alleviation of disease and medical conditions. These compounds can be natural or synthetic and are formulated into various forms such as tablets, capsules, injectables, and creams for user administration. Pharmaceuticals typically include a range of active ingredients that exert therapeutic effects on the body.
The development and approval of pharmaceuticals involve rigorous testing for safety, efficacy, and quality to ensure they meet regulatory standards before they can be marketed and used by the public. Pharmaceuticals can treat acute conditions, manage chronic illnesses, and may also be utilized in surgical procedures or as part of palliative care.
Aside from therapeutic drugs, the term can also encompass over-the-counter medications, vaccines, diagnostic agents, and biological products. The pharmaceutical industry plays a critical role in public health by providing these medications, often advancing research to discover new therapies for emerging health challenges.
BioNTech transitions focus from COVID-19 vaccines to mRNA-based cancer therapies, influencing financial dynamics. Despite a 2024 earnings decline, BioNTech outperformed market expectations with €1.08 per share, surpassing the anticipated €0.407.…