biotech
noun
bio·tech
ˈbī-ō-ˌtek 
plural biotechs
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
Arlene WeintraubExamples of biotech in a Sentence
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Adam Glanzman | Bloomberg | Getty Images Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company continues to cut costs and expand its portfolio.
—Annika Kim Constantino, CNBC, 13 Jan. 2025
For example, the agricultural biotech giant Monsanto was eaten by Bayer Crop Science.
—Norman Ellstrand and Nathan Ellstrand / Made By History, TIME, 23 Dec. 2024
That story came close to repeating when French biotech company Pixium Vision ran out of money in November 2023—until, that is, impressive trial data arrived earlier this year, and the company was acquired by Science, a startup run by one of Neuralink’s cofounders.
—IEEE Spectrum, 22 Dec. 2024
For example, the S&P 500 dropped 3% yesterday and the Nasdaq 3.6%, but closely watched biotech index XBI was down nearly 5%, as was SPBIOS.
—Alex Knapp, Forbes, 19 Dec. 2024
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Annika Kim Constantino, CNBC, 13 Jan. 2025
For example, the agricultural biotech giant Monsanto was eaten by Bayer Crop Science.
—Norman Ellstrand and Nathan Ellstrand / Made By History, TIME, 23 Dec. 2024
That story came close to repeating when French biotech company Pixium Vision ran out of money in November 2023—until, that is, impressive trial data arrived earlier this year, and the company was acquired by Science, a startup run by one of Neuralink’s cofounders.
—IEEE Spectrum, 22 Dec. 2024
For example, the S&P 500 dropped 3% yesterday and the Nasdaq 3.6%, but closely watched biotech index XBI was down nearly 5%, as was SPBIOS.
—Alex Knapp, Forbes, 19 Dec. 2024
See all Example Sentences for biotech
Dictionary Entries Near biotech
Cite this Entry
“Biotech.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/biotech. Accessed 22 Jan. 2025.
Copy CitationMedical Definition
biotech
noun
bio·tech
ˈbī-ō-ˌtek
2
: a company that utilizes biotechnology (as in the development of drugs or diagnostics for medicine)
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