biotech
noun
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Definition of biotech
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
Since August 2017, three U.S. biotech companies with little or no revenue have been bought in deals each valued at more than $8 billion. — Charley Grant, WSJ, "Record Biotech IPO May Be Worth the $7 Billion," 12 Nov. 2018 Collins was charged over his connection to the Australian biotech company Innate Immunotherapeutics. — Tara Golshan, Vox, "The 4 Republican scandals that could tip the 2018 midterms, explained," 5 Nov. 2018 Lundy was looking for a change after 15 years as a director of facilities at a biotech company. — Erik Lacitis, The Seattle Times, "Bob Montgomery, 96, dies; Seattle area’s last typewriter repairman had the write stuff," 12 Sep. 2018 Anne Mostue shared biotech news from the JP Morgan Healthcare Conference in San Francisco and Chris Buchanan of Slick Energy joined us to talk about his start-up’s effort to change the way people buy home heating oil. — Bloomberg.com, "Bloomberg Baystate Business: Trump, MBTA, Pot, the Fed," 8 Jan. 2018 The BioXp is currently used only for research by pharmaceutical and biotech companies, universities and government institutions. — Laine Higgins, WSJ, "This Company Aims to Deliver DNA on Demand With Its Biological Fax Machine," 12 July 2018 Penn is starting to spend millions on keeping its entrepreneurial medicos in town, after getting tired of watching smart biotech and software founders run off to join funders in California, Boston, New York. — Joseph N. Distefano, Philly.com, "Philly poverty: Cause, or effect?," 11 July 2018 American officials worry Chinese plans to create tech champions in fields including robotics, biotech and artificial intelligence will erode U.S. industrial leadership. — CBS News, "As U.S. tariffs take effect, China says it will retaliate," 6 July 2018 This relies on industrial biotech and large-scale cell culture production methods already used in the pharma industry. — Joi Ito, WIRED, "Fake Meat, Served Six Ways," 2 July 2018These 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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More Definitions for biotech
biotech
noun
\
Medical Definition of biotech
2 : a company that utilizes biotechnology (as in the development of drugs or diagnostics for medicine)
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