British Technology Group
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A British pharmaceutical company. It develops drugs for cancer, neurological disorders and other diseases and sells them to hospitals and others. It traces its origins to the 1940s and was founded in its current form in 1991 as the British Technology Group. It is publicly traded and is included on the FTSE 250.
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British Technology Group (BTG)a UK government-owned organization which assists in the development of inventions made both in the private and public sectors (government and university/polytechnic research laboratories). The BTG (formed by the merger in 1981 of the National Research and Development Council and the National Enterprise Board) works in tandem with private sector VENTURE CAPITAL specialists in providing start-up finance for projects unable, because of the high risks involved, to attract conventional finance. See RESEARCH AND DEVELOPMENT.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson