COVID-19 Vaccine refers to a type of vaccine specifically developed to provide immunity against the coronavirus SARS-CoV-2, which causes the disease COVID-19. These vaccines work by prompting the immune system to recognize and fight the virus if exposed in the future.
There are various types of COVID-19 vaccines, including mRNA vaccines (like Pfizer-BioNTech and Moderna), viral vector vaccines (such as Johnson & Johnson’s Janssen), and protein subunit vaccines. The vaccines have undergone rigorous clinical trials to ensure their safety and efficacy before being authorized for public use.
Vaccination plays a crucial role in controlling the spread of the virus, reducing the severity of illness, and preventing hospitalizations and deaths associated with COVID-19. Mass vaccination efforts have been vital in combating the pandemic and enabling a return to normal social and economic activities.
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.…