biotech industry

Life science sector

The biotech industry encompasses companies that use biological systems, living organisms, or their derivatives to develop products and technologies.

This includes pharmaceuticals, genetic engineering, agricultural modifications, and medical diagnostics.

She left academia for a job in the biotech industry.

The sector is known for high research costs, regulatory hurdles, and boom-bust investment cycles.

Opposites
technological approach

biotech industryheavy industry

Capital-intensive manufacturing sector

steel industry · chemical industry · mechanical engineering · automotive industry · mining industry

innovation paradigm

biotech industrysunset industries

Shrinking, obsolescent business sectors

cottage industry · smokestack industries · coal industry

relationship to nature

biotech industrymining industry

Commercial mineral extraction business

fossil fuel industry · inorganic chemistry

Family

biotech, tech, biotechnology, biotechnological, biology, biological, biologically, biologist, biome

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Rated G