biotech

noun

bio·​tech ˈbī-ō-ˌtek How to pronounce biotech (audio)
plural biotechs
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

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Example Sentences

Recent Examples on the Web But analysts and investors say there is more going on for biotech than interest-rate hopes and a return of speculation. Gregory Zuckerman, WSJ, 19 Aug. 2022 Longtime friends Trudi Fagerlund and Margie Peterson worked in biotech and finance, respectively. Alison Arnett, BostonGlobe.com, 12 Apr. 2022 The first was jointly developed by the Wistar Institute in Pennsylvania and the French biotech company Transgene in the 1980s; scientists inserted a gene for a rabies protein into another live virus called vaccinia. Sarah Zhang, The Atlantic, 6 Sep. 2022 In the 1980s, then-leader Fidel Castro poured more than $1 billion into an ambitious new biotech industry. Mary Beth Sheridan, Washington Post, 18 June 2022 Her team also helped guide what was then a nascent San Diego biotech industry and worked to pass the proposition to construct Petco Park. San Diego Union-Tribune, 25 Sep. 2021 Fate Therapeutics is a clinical-stage biotech company that develops immunotherapies for cancer and other diseases. San Diego Union-Tribune, 25 Aug. 2022 Absci, a Vancouver biotech company using artificial intelligence to develop new pharmaceuticals, laid off a few dozen people Tuesday as part of a broader restructuring. oregonlive, 9 Aug. 2022 Even a modest drop in potential earnings could put biotech below the threshold for institutional investors, who can place their money in safer, more profitable industries. Standish Fleming, STAT, 7 Aug. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'biotech.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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Word History

First Known Use

1967, in the meaning defined at sense 1

Time Traveler
The first known use of biotech was in 1967

Dictionary Entries Near biotech

Cite this Entry

“Biotech.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/biotech. Accessed 29 Sep. 2022.

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Medical Definition

biotech

noun

bio·​tech ˈbī-ō-ˌtek How to pronounce biotech (audio)
1
2
: a company that utilizes biotechnology (as in the development of drugs or diagnostics for medicine)

More from Merriam-Webster on biotech

Last Updated: 24 Sep 2022

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