What is the role of the World Health Organization (WHO) in biotechnology?

The World Health Organization (WHO) plays a crucial role in establishing health standards and guidelines that are vital for the safe and effective application of biotechnology in various health-related fields. These guidelines help ensure that biotechnological products and processes, such as vaccines or genetically modified organisms, meet safety criteria and contribute positively to public health.

WHO's involvement in biotechnology emphasizes the importance of evidence-based practices, addressing ethical concerns, and promoting research that aligns with health standards globally. This foundational role encourages countries to adopt best practices and regulatory frameworks that mitigate risks associated with biotechnological advancements, thus enhancing their potential health benefits for populations.

In contrast, the other options provided do not accurately capture the primary responsibilities and focus areas of WHO concerning biotechnology. The organization does not primarily serve as a regulatory body for financial matters or the international distribution of pharmaceuticals, nor does it engage in the development of new biotechnologies for profit. Instead, its emphasis is on public health and safety, making the setting of health standards and guidelines its central focus.