The healthcare industry refers to the sector that provides goods and services related to the treatment, prevention, and management of health issues. This industry encompasses a wide range of services including hospitals, nursing homes, outpatient care centers, medical laboratories, and home healthcare services. It also includes health insurance, pharmaceuticals, biotechnology, and medical equipment manufacturing. The primary aim of the healthcare industry is to enhance patient health through various means such as medical care, rehabilitation services, health education, and preventive measures. The industry is characterized by a diverse workforce, including healthcare professionals such as doctors, nurses, pharmacists, technicians, and administrative staff, all of whom contribute to the delivery of health services. The healthcare industry plays a crucial role in society by addressing public health needs, ensuring access to medical care, promoting wellness, and managing chronic conditions. It is an essential part of national economies and often involves regulatory frameworks to ensure quality and safety in health service delivery.
BioNTech faces a transition as COVID-19 vaccine revenue declines, focusing on mRNA-based cancer therapies. The company reports a significant financial downturn: fourth-quarter 2024 EPS fell to 1.08 euros, and full-year…