Title: Unit 16 Key Terms
Course: SAT 170 Introductory Biotechnology > Section: SAT 170 Introductory Biotechnology

Unit 16 Key Terms

Terms

Term | Definitions
Angel investor | individual who provides financial investments for companies that are in the early stages of startup
Bioinformatics | a field which focuses on the storage and analysis of large amounts of data such as the data generated from sequencing experiments
Disease-focused model | a biotechnology company model which is based on developing treatments for diseases which currently have unmet needs
Initial public offering | the sale of a company’s stock to the general public for the first time; also known as a stock market launch
Intellectual property | results from expression of an individual’s or group of individual’s ideas and is defined as creations of the mind
Investigational new drug application | application which evaluates the results of preclinical studies to determine the potential benefits and risks of a new drug to patients before allowing that drug to be used in clinical trials
New drug application | application which evaluates the results of clinical trials to determine the potential benefits and risks to patients, and evaluate manufacturing procedures and labeling of a new drug before allowi ...
Patent | grants exclusive rights to an inventor for a particular period of time and prevents others from profiting from the production, use, sale, or distribution of someone’s invention
Scale-up processes | a set of processes that is used to transition from lab-scale production to large scale commercial production
Technology platform model | a biotechnology company model which is based on developing the technologies involved in discovering and producing new compounds as well as storing and analyzing large amounts of sequencing data
Venture capital | financial investments which are made to companies that are in the early stages of startup