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
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Merriam-Webster unabridged
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