Tweaking the Tax Code Will Do Wonders for Biotech Innovation
There is no doubt that senior executives of emerging biotechs spend much of their time on the trail of investment capital. The Coalition of Small Business Innovators (CSBI) would like to ease that burden. A study by the group shows that several proposed changes designed to help small R&D-intensive start-ups better use existing tax provisions and incentivize investment in small business innovation would have the dramatic effect of increasing total investment in small businesses by $20.6 billion.
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