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

JPMorgan initiates Upstream Bio as overweight JPMorgan says the biotech company is well positioned. —Michael Bloom, CNBC, 5 Nov. 2024

Still, these extraordinary results have set off a gold rush among biotech companies eager to solve autoimmune diseases. —Sarah Zhang, The Atlantic, 4 Nov. 2024

Martha recalls taking a call during a fuel stop on a flight to Cabo, Mexico, about a friend’s biotech stock. —Ana Calderone, People.com, 2 Nov. 2024

Luckily, there’s no shortage of oils on the market, from cult-classics to biotech innovations, find our edit of the best oils for any type of hair below. —Jenny Berg, Vogue, 1 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)