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State renews law to boost biotechnology sector

State renews law to boost biotechnology sector

5 years ago
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https://apnews.com/089790c3f4cb49fc8100a0af60679d9c

BOSTONH (AP) — Gov. Charlie Baker has signed a bill that seeks to continue the state's commitment to the life sciences industry over the next five years.

The governor and lawmakers say the legislation will help Massachusetts remain a global leader in biotechnology by providing up to $623 million in bond authorizations and tax credits for education, research and development, and workforce training.