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

Examples of biotech in a Sentence

Recent Examples on the Web
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Sweden’s Byredo, biotech company MycoWorks and U.K.-based Alighieri are some of the industry names that will be showing their design objects at the second edition of Matter and Shape, scheduled to run from March 7 to 10 in the Tuileries Gardens. Sofia Celeste, WWD, 20 Feb. 2025 The Trump Administration policies of spending freezes and grant cuts have thrown the biotech industry into disarray. Alex Knapp, Forbes, 19 Feb. 2025 Many larger disease foundations have launched venture philanthropy programs that invest in biotech companies and projects, getting royalties and other financial considerations if their gifts help fund new treatments. Robin Fields, CNN, 17 Feb. 2025 When the market lacked all discipline, the brokers flooded us with biotech. Jim Cramer, CNBC, 4 Feb. 2025 See All Example Sentences for biotech

Word History

First Known Use

1967, in the meaning defined at sense 1

Time Traveler
The first known use of biotech was in 1967

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Cite this Entry

“Biotech.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/biotech. Accessed 3 Mar. 2025.

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

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