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
Arlene Weintraub
Example Sentences
Recent Examples on the Web The first was jointly developed by the Wistar Institute in Pennsylvania and the French biotech company Transgene in the 1980s; scientists inserted a gene for a rabies protein into another live virus called vaccinia. Sarah Zhang, The Atlantic, 6 Sep. 2022 In the 1980s, then-leader Fidel Castro poured more than $1 billion into an ambitious new biotech industry. Mary Beth Sheridan, Washington Post, 18 June 2022 Her team also helped guide what was then a nascent San Diego biotech industry and worked to pass the proposition to construct Petco Park. San Diego Union-Tribune, 25 Sep. 2021 Fate Therapeutics is a clinical-stage biotech company that develops immunotherapies for cancer and other diseases. San Diego Union-Tribune, 25 Aug. 2022 Absci, a Vancouver biotech company using artificial intelligence to develop new pharmaceuticals, laid off a few dozen people Tuesday as part of a broader restructuring. oregonlive, 9 Aug. 2022 Even a modest drop in potential earnings could put biotech below the threshold for institutional investors, who can place their money in safer, more profitable industries. Standish Fleming, STAT, 7 Aug. 2022 San Diego biotech Illumina, a world leader in genomic sequencing technology, is donating equipment and nearly $1 million to the Scripps Oceanography campus to build out two new laboratories and equip them with state-of-the-art technology. Natallie Rocha, San Diego Union-Tribune, 4 Aug. 2022 Ben Auspitz, who worked at CombinatoRx and is chief executive of IDRx, said the company was also inspired by successful drug combination regimens, such as those developed by Boston biotech Vertex to tackle cystic fibrosis. Anissa Gardizy, BostonGlobe.com, 2 Aug. 2022 See More
Sarah Zhang, The Atlantic, 6 Sep. 2022 In the 1980s, then-leader Fidel Castro poured more than $1 billion into an ambitious new biotech industry. Mary Beth Sheridan, Washington Post, 18 June 2022 Her team also helped guide what was then a nascent San Diego biotech industry and worked to pass the proposition to construct Petco Park. San Diego Union-Tribune, 25 Sep. 2021 Fate Therapeutics is a clinical-stage biotech company that develops immunotherapies for cancer and other diseases. San Diego Union-Tribune, 25 Aug. 2022 Absci, a Vancouver biotech company using artificial intelligence to develop new pharmaceuticals, laid off a few dozen people Tuesday as part of a broader restructuring. oregonlive, 9 Aug. 2022 Even a modest drop in potential earnings could put biotech below the threshold for institutional investors, who can place their money in safer, more profitable industries. Standish Fleming, STAT, 7 Aug. 2022 San Diego biotech Illumina, a world leader in genomic sequencing technology, is donating equipment and nearly $1 million to the Scripps Oceanography campus to build out two new laboratories and equip them with state-of-the-art technology. Natallie Rocha, San Diego Union-Tribune, 4 Aug. 2022 Ben Auspitz, who worked at CombinatoRx and is chief executive of IDRx, said the company was also inspired by successful drug combination regimens, such as those developed by Boston biotech Vertex to tackle cystic fibrosis. Anissa Gardizy, BostonGlobe.com, 2 Aug. 2022 See More 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)