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

Even the biggest players, like Google and Nvidia, are betting on AI’s future, particularly in biotech. —Eric Waller, Forbes, 12 Dec. 2024

Quite frankly, growth is what drives value in these companies more than in technology, more than in biotech. —Harvard Business Review, 10 Dec. 2024

Federal investigators alleged that on Aug. 28, 2003, San Diego, then 25, planted two bombs at the offices of Chiron Inc., a biotech firm in Emeryville. —Ruben Vives, Los Angeles Times, 26 Nov. 2024

Ramaswamy, 39, a biotech entrepreneur and the son of Indian immigrants, ran in the 2024 Republican primary but quickly became a strong ally of Trump's. —Joey Garrison, USA TODAY, 13 Nov. 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)