Innovations refer to the introduction of new ideas, products, services, or processes that significantly improve existing systems or create entirely novel solutions. This concept encompasses a wide range of advancements across various fields, including technology, business, science, and social practices. Innovations can arise from creative thinking, research and development, and can be driven by the need for efficiency, effectiveness, or enhanced user experience. They can manifest in different forms, such as incremental improvements or disruptive breakthroughs, and often aim to solve problems or meet the evolving demands of society. In essence, innovations represent the practical application of creativity and knowledge to bring about change and drive progress.
BioNTech is shifting focus from COVID-19 vaccines to pioneering mRNA-based cancer therapies amid falling vaccine profits. Projected revenues are decreasing, from 3.82 billion euros in 2023 to 1.7 to 2.2…