3)  Biotechnology –The continually expanding body of fundamental knowledge about the function of biological systems from the macro level to the molecular and sub-atomic levels, as well as novel products, services, technologies and sub-technologies developed as a result of insights gained from research advances which add to the body of fundamental knowledge.

4) Biotechnology Business –An emerging corporation that has a headquarters or base of operations located in New Jersey that owns, has filed for, or has a license to use protected, proprietary intellectual property and that is engaged in the research, development, production, or provision of biotechnology for the purpose of developing or providing products or processes for specific commercial or public purposes, including but not limited to:  medical, pharmaceutical, nutritional, and other health-related purposes, agricultural purposes, and environmental purposes; or a corporation that has a headquarters or base of operations located in New Jersey and that is engaged in providing services or products necessary for such research, development, production or provision..