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Tag Archives: tax credits
Sen. Bob Menendez & William Waddill on the Therapeutic Discovery Project
Senator Bob Menendez (D-NJ), at the March 6th Senate Banking, Housing and Urban Affairs hearing, emphasizes the effectiveness of the 2010 Therapeutic Discovery Project, the need to extend the program, and asks William Waddill, CFO/SVP of OncoMed Pharmaceuticals to share his company’s success story as a result of receiving an award. Read testimony from Waddill on the importance of capital formation.
Poultry, Beef Producers Tell Their Story to House Ag Committee
On Sept. 14, the House Agriculture Subcommittee on Livestock, Dairy, and Poultry held a public hearing to examine the issue of feed availability and its effect on the livestock, dairy, and poultry industries. Members of the subcommittee heard testimony from animal producers and their industry associations, who as a group called for an end to the Renewable Fuel Standard and other biofuel support policies or at minimum a suspension of the RFS if corn supplies Read More >
State Deficits to Shrink & Taxes Drop – Good News for Biotech
Forecasters at the National Conference of State Legislatures’ 2011 Legislative Summit expect a dramatic reduction of state deficits in the coming years, along with business-friendly tax-cuts. The projections are based on a survey of budget officials in all 50 states last month, said Corina Eckl, director of state services for NCSL. Eckl also noted an emerging trend in which state governors and legislatures are allowing for the expiration of temporary business taxes. Notably, the Michigan Business Read More >
Could 3 minutes reshape California’s biotech future?
Ron Leuty from BiotechSF writes: In just three minutes the other day, Maryland received more than 180 applications for its $8 million biotech tax credit program. The program, which rewards investors for putting cash in biotech startups, is one of many that states are offering to jumpstart or grow their life sciences communities.
Biotechnology and the State of the Union Address
The following was published in Politico’s Join the Debate. Politico asked “What should Obama say in the State of the Union?” Jim Greenwood Former Congressman (R-Pa.), President and CEO, Biotechnology Industry Organization : The president’s State of the Union should, rightly, focus on jobs, particularly the need to create and fill new jobs to compete in an increasing competitive global marketplace. There’s no industry that better exemplifies the promise of job creation than Read More >
