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English definition of “biotech”

biotech

noun [U]     /ˈbaɪəʊˌtek/ informal
→  biotechnology: There have been huge numbers of advances in biotech since the beginning of the new millennium .
[C] a company that uses biotechnology : Most biotechs have not suffered greatly in the recent economic downturn .
(Definition of biotech noun from the Cambridge Business English Dictionary © Cambridge University Press)
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