A "biotechnology firm" is a company that applies scientific knowledge and techniques to develop products or services related to biology, genetics, or healthcare. Full definition
Many of the smaller biotechnology firms don't even make money at this stage, as they are still undergoing heavy research, development and clinical trials. (wikinvest.com)
It also works with biotechnology firms to freeze dry various biological materials. (fooddrink-magazine.com)
It's also home to life sciences companies, such as pharmaceutical firms and agriculture biotechnology firms. (gobankingrates.com)