Sleepy Execs in Maryland Hit Biotech Finish Line

Summary

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Five days of waiting came to an end Wednesday morning, when sleep- deprived biotechnology executives handed in their applications to receive coveted funding from the state's biotech tax credit fund.

Maryland awards the tax credits on a first-come, first-served basis, leading 11 firms to send representatives to the University of Maryland BioPark in Baltimore to start lining up on Friday to guarantee getting a piece of the $6 million tax credit pool.

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Sleepy Execs in Maryland Hit Biotech Finish Line

The setting this year was much different from last year, when executives lined up on the sidewalk outside of the Department of Business and Economic Development the night before applications...

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