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bio·tech | \ ˈbī-ō-ˌtek 
\
\ plural biotechs
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 Among the notable firms that went public in the first half of the year was Akouos, a Boston biotech trying to develop the first gene therapy to treat hearing loss.
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BostonGlobe.com, "The week in business," 1 Aug. 2020 Steri-Tek provides irradiation sterilization services to the medtech, biotech and food and drug industries, academic institutions and technology businesses.
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Steve Brown, Dallas News, "California-based medical firm plans new Lewisville building," 31 July 2020 Jinju is supposed to become a hub for biotech and aerospace, creating tens of thousands of jobs in a region with comparatively little industrial heritage and thus encouraging internal migration.
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The Economist, "Seoul v everywhere else South Korea is rethinking its efforts to spread the wealth," 11 July 2020 Operation Warp Speed, the federal government's Covid-19 vaccine program, on Tuesday announced a $1.6 billion contract with Novavax, a Maryland biotech company.
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Eliza Mackintosh, CNN, "What you need to know about coronavirus on Wednesday, July 8," 8 July 2020 Meghana covers biotech from Los Angeles and contributes to The Readout newsletter.
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Meghana Keshavan, STAT, "Covid-19 vaccine diversity & Novartis to pay for bribes," 26 June 2020 Repare Therapeutics, Burning Rock Biotech and Vaxcyte are just a few of the other biotech and drug companies that have debuted in recent weeks and soared.
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Paul R. La Monica, CNN, "Biotech IPOs are booming -- but it's not all about Covid-19," 25 June 2020 One of those new sickle cell drugs is called IMR-687, developed by Imara, a small biotech based in Boston.
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Adam Feuerstein, STAT, "New data in sickle cell show biotech companies tackling disease in novel ways," 12 June 2020 Today, a French biotech company, in collaboration with Pfizer, is attempting to develop a Lyme vaccine that is currently in clinical trials.
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Mark Klempner, The Conversation, "A Lyme disease vaccine doesn’t exist, but a yearly antibody shot shows promise at preventing infection," 4 June 2020
See MoreThese 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
nounbio·tech | \ ˈbī-ō-ˌtek \
\Medical Definition of biotech
2 : a company that utilizes biotechnology (as in the development of drugs or diagnostics for medicine)
Comments on biotech
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Time Traveler for biotech
The first known use of biotech was in 1967
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