A biopharmaceutical company is a type of organization that develops drugs and therapies using biological sources, such as living cells or organisms. These companies focus on creating medications that can treat diseases by harnessing the power of biology, often involving complex processes like genetic engineering and cell culture. These companies play a crucial role in the healthcare industry by producing innovative treatments for various conditions, including cancer, autoimmune diseases, and genetic disorders. They often collaborate with research institutions and regulatory bodies to ensure the safety and efficacy of their products before they reach the market.