Biotech (noun)

An industry that uses biological processes, organisms, or systems to create new technologies, products, and services, particularly in the fields of medicine, agriculture, and environmental science.

Origin:

From biology + technology.

Examples:

1. The biotech company is working on a new drug to treat diabetes.
2. The biotech sector has grown rapidly in recent years, with many new startups entering the market.
3. The biotech researcher was awarded a grant to study the genetic basis of cancer.
4. The biotech industry is constantly evolving, as new technologies emerge and existing ones are improved.
5. The biotech startup is using CRISPR technology to develop new treatments for genetic diseases.