With reference to Neem tree, consider the following statements: 1. Neem oil can be used as a pesticide to control the proliferation of some species of insects and mites. 2. Neem seeds are used in the manufacture of biofuels and hospital detergents. 3. Neem oil has applications in pharmaceutical industry. Which of the statements given above is/are correct?

1. Statement 1 is correct. Neem oil contains compounds like Azadirachtin, which act as effective natural pesticides and insect repellents. It is widely used in agriculture and horticulture to control the proliferation of various species of insects and mites. 2. Statement 2 is incorrect. While Neem seeds (and the oil extracted from them) have potential for biofuel production, it is not a major commercial source compared to other feedstocks. Neem-based cleaning agents exist, but widespread use specifically as hospital detergents manufactured from Neem seeds is not a primary application driving the tree's significance. 3. Statement 3 is correct. Neem oil and extracts from other parts of the Neem tree have numerous traditional and modern applications in the pharmaceutical industry due to their antiseptic, antifungal, antibacterial, antiviral, and other medicinal properties. They are used in skin care products, dental care, and various remedies. Therefore, statements 1 and 3 are correct.