noun
- plural of biotech; companies or organizations that use living organisms or biological processes to develop products, especially in medicine and pharmaceuticals
- plural of biotech; the technologies and techniques themselves that involve biological systems
Usage: informal; business/industry term
Usage: informal; technical
Examples
- Several biotechs are developing new gene therapies.
- The biotech sector has attracted significant investment in recent years.
- Many biotechs focus on creating vaccines and treatments for rare diseases.
- Startup biotechs often collaborate with universities on research projects.
- The conference brought together leading biotechs and pharmaceutical companies.
- Biotechs in the region have created thousands of jobs.