Tag:
biotech tax credit
Latest Headlines
Latest Headlines
Biotech clusters defend their turf as challenges mount
While most economic development groups in the country envy the big biotech clusters that have grown up in Boston, San Francisco and San Diego, industry advocates in those areas are quick to point out
2010: The (government) check is in the mail
This year offered some sizable bonuses for the biotech crowd. With the government focused on reviving a swooning economy, the NIH was showered with fresh funds to back research projects around the
Gaining the inside track on new biotech tax credit
by Steve Levy, C.P.A., J.D., Tax Manager with the Donovan CPAs and Advisors On June 18, 2010, the Internal Revenue Service released Form 8942 and related instructions for applying for the Therapeutic
Feds spell out the rules on $1B biotech windfall
The federal government has fired the starting pistol on a $1 billion tax credit/grant program that could provide up to $5 million in R&D support for qualifying biotech companies. On Friday the
Treasury releases Therapeutic Discovery Credit guidance
Steve Levy, C.P.A., J.D. is a Tax Manager with the Donovan CPAs and Advisors. He has specialized in the research credit and related incentives for over 13 years. For more information about the
Biotechs will have to scramble for a piece of $1B grant pie
A host of small and mid-sized biotech companies are massing at the starting line for the federal government's $1 billion tax credit/grant program. And a Treasury spokesperson told the Wall Street
Minnesota promotes 'sweet' tax credits
Minnesota delegates gave away bags of chocolate at last week's BIO convention to advertise the state's "sweet" new tax credit for angel investors in unproven businesses. The state has to compete with
$1B in cash grants available soon for small biotech
by John Chase and Evan Ng, partners at Dorsey Whitney LLP The recently enacted healthcare reform legislation provides up to $1 billion in tax credits and cash grants for life sciences companies with
Biotechs start scrambling for $1B Treasury windfall
In just a few weeks the U.S. Treasury Department plans to start detailing the application rules around a $1 billion tax credit and grant program tailored to benefit the biotech industry. And
"Wow": Developers prepare to reap rewards from biotech R&D tax credit
While most biotech analysts have been concentrating on the 12-year data exclusivity haven provided in the new reform bill, a few are crowing about the bonanza being offered to the drug development
