biotech

noun

bio·​tech ˈbī-ō-ˌtek 

plural biotechs

1

: biotechnology sense 1

2

: a company that utilizes biotechnology (as in the development of drugs or diagnostics for medicine)

At present, there is no common technology platform for obtaining or sharing genomics information, so biotechs are scrambling to develop their own systems for sifting through the data.

—Arlene Weintraub

Examples of biotech in a Sentence

Recent Examples on the Web

Sign up to get our biotech newsletter in your inbox. —Elaine Chen Reprints, STAT, 6 June 2024

Last week, Hudson proudly announced his company’s new partnership with OpenAI and Formation Bio, a biotech. —Peter Vanham, Fortune, 29 May 2024

China has long had a more proactive industrial policy, including an ambitious program called Made in China 2025 that sketched out development goals in biotech, electric vehicles and semiconductors. —Gao Yuan, Fortune Asia, 11 May 2024

Business For subscribers This biotech startup got the biggest venture capital deal in San Diego so far this year April 25, 2024 Life science investors especially are scrutinizing their deals and writing bigger checks to fewer companies. —Natallie Rocha, San Diego Union-Tribune, 24 May 2024

Word History

First Known Use

1967, in the meaning defined at sense 1

Medical Definition

biotech

noun

bio·​tech ˈbī-ō-ˌtek 

1

: biotechnology sense 1

2

: a company that utilizes biotechnology (as in the development of drugs or diagnostics for medicine)