Utilize the input text as a context reference, choose the right relationship between Novozymes and biotechnology from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

The biggest loser in the Stoxx Europe 600 Thursday was Danish biotechnology Novozymes A/S, which was down 12.4% after cutting its sales growth forecast.

Answer: industry