Meaning of “biotech” in the English Dictionary

"biotech" in Business English

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biotechadjective

uk /ˈbaɪəʊˌtek/ us informal

→  biotechnological :

It will be the first biotech company to tap the public markets.

biotechnoun [ U ]

uk /ˈbaɪəʊˌtek/ us 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” from the Cambridge Business English Dictionary © Cambridge University Press)