BusinessJuly 7, 2026
biotechnology
/ˌbaɪoʊtɛkˈnɒlədʒi/
Definition
The use of biological processes, organisms, or systems to develop new products or technologies, particularly in the context of advanced skincare and medicine.
Etymology
The word is a combination of the Greek 'bios' (life) and the term 'technology', which itself derives from the Greek 'tekhnologia' (systematic treatment of an art). It emerged in the 20th century to describe the industrial application of biological research.
In the news
In this article, biotechnology is mentioned as a key field driving innovation in skin health, which informs how investors view the future of the beauty industry. It represents the shift from simple cosmetics to science-backed wellness solutions.
How Beauty Can Still Woo Venture Capital
Read the full article ↗The Business of Fashion