BIO in the News: Rule change pushed for small-business grants

07/27/2005 | Sun (Baltimore), The

The Biotechnology Industry Organization yesterday sent a letter from the heads of 281 biotech companies to Congress, urging a change in rules that currently prevent companies that are more than 50%-owned by venture capitalists from receiving any federal grants through the Small Business Administration. The companies contend such limits prevent them from pursuing innovative research.

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Sun (Baltimore), The

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