N.C. biotech, device startups compete for as much as $1B in tax credits

05/9/2010 | News & Observer (Raleigh, N.C.), The

Early-stage biotech and medical-device firms in North Carolina are looking to participate in a $1 billion program that will provide tax credits and grants as part of the health reform law. Sam Taylor, president of the North Carolina Biosciences Organization, said the program will allow participating startups to get a 50% reimbursement for money they put into research and development.

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News & Observer (Raleigh, N.C.), The

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