Health finance refers to the management of funds and resources related to healthcare services. It encompasses the processes of generating, allocating, and spending resources to ensure equitable access to healthcare for individuals and populations. Key components of health finance include funding mechanisms such as government budgets, insurance schemes, and out-of-pocket payments made by patients. It also involves financial planning and the evaluation of healthcare costs, as well as the economic impact of health policies. Effective health finance aims to improve the quality and efficiency of healthcare delivery while addressing issues such as affordability, accessibility, and sustainability of healthcare systems.
BioNTech is shifting its focus from COVID-19 vaccines to pioneering mRNA-based cancer therapies, with goals for market approval by 2026. In 2023, profits declined significantly, with revenue projections for 2024…