Definition of «biotechnology company»

A biotechnology company is a business organization that specializes in the development, production and marketing of products derived from living organisms. These companies use biotechnological processes to create new medicines or therapies, genetically modified plants for agriculture, biofuels, and other bioproducts. They often involve cutting-edge research and innovation in fields such as molecular biology, genomics, proteomics, and metabolomics. Biotechnology companies play a crucial role in advancing scientific knowledge and developing new technologies that can improve our lives and the health of our planet.

Sentences with «biotechnology company»

  • The focus on innovation is just as important for other types of biotechnology companies, even ones that are not in the business of making drugs. (sciencemag.org)
  • Dealing with the regulatory and compliance challenges of this industry requires a wide range of legal knowledge and experience, something that can be challenging for many new biotechnology companies. (priorilegal.com)
  • A committed and highly accomplished biotechnology expert with 16 years of research and development experience, leading and supervising teams and managing a wide range of drug development projects for small biotechnology companies. (members.climber.com)
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