Comments on: A Biotech Bailout In North Carolina? http://www.pharmalot.com/2008/11/a-biotech-bailout-in-north-carolina/ News, Comment and Conversation Fri, 10 Feb 2012 20:00:14 +0000 http://wordpress.org/?v=2.6.2 By: Christopher http://www.pharmalot.com/2008/11/a-biotech-bailout-in-north-carolina/#comment-383150 Christopher Thu, 27 Nov 2008 17:57:33 +0000 http://www.pharmalot.com/?p=18068#comment-383150 Do you believe they will receive direct state funding per financial industry bail outs, heavy tax concessions from state, or both? I'm interested in the idea of tech transfer: if proivate universities provide aid how would they benefit - wouldn't the realtionship usually be the reverse? (I agree it's a coomon intention to lure away NJ biotechs and pharmas - PA, FL and NY amongst the more aggressive.) Do you believe they will receive direct state funding per financial industry bail outs, heavy tax concessions from state, or both? I’m interested in the idea of tech transfer: if proivate universities provide aid how would they benefit - wouldn’t the realtionship usually be the reverse?

(I agree it’s a coomon intention to lure away NJ biotechs and pharmas - PA, FL and NY amongst the more aggressive.)

]]> By: Jerseyman http://www.pharmalot.com/2008/11/a-biotech-bailout-in-north-carolina/#comment-383145 Jerseyman Thu, 27 Nov 2008 14:44:23 +0000 http://www.pharmalot.com/?p=18068#comment-383145 That NC's biotechs seek a state bail-out is not a surprise. Biotech will probably get direct and indirect aid from NC's Public and Private Universities as well as its private sector. It is NC State's expressed Economic Policy to foster this industry at NJ's expense savaging another of Jersey's industries. That NC’s biotechs seek a state bail-out is not a surprise. Biotech will probably get direct and indirect aid from NC’s Public and Private Universities as well as its private sector. It is NC State’s expressed Economic Policy to foster this industry at NJ’s expense savaging another of Jersey’s industries.

]]> By: Christopher http://www.pharmalot.com/2008/11/a-biotech-bailout-in-north-carolina/#comment-383075 Christopher Wed, 26 Nov 2008 19:07:50 +0000 http://www.pharmalot.com/?p=18068#comment-383075 So first the financial industry, then Detroit and now NC biotechs lining up for bail-outs? Who next? Many biotech companies have less than a year's cash - should they all get bail-outs? A public/private scheme sounds like a clever arrangement - teh same has been proposed in the UK to stimulate biotech business and keep it from leaving the country, as seems to be the case in NC - but these arrangements don't come together in a hurry. Just like the Treasury's inadequately-conceived bail-out plan, and the Big Three Auto Makers' even poorer apology for a plan, this needs thinking through properly. It's encouraging to think that the Governor-elect will do that. So first the financial industry, then Detroit and now NC biotechs lining up for bail-outs? Who next? Many biotech companies have less than a year’s cash - should they all get bail-outs? A public/private scheme sounds like a clever arrangement - teh same has been proposed in the UK to stimulate biotech business and keep it from leaving the country, as seems to be the case in NC - but these arrangements don’t come together in a hurry. Just like the Treasury’s inadequately-conceived bail-out plan, and the Big Three Auto Makers’ even poorer apology for a plan, this needs thinking through properly. It’s encouraging to think that the Governor-elect will do that.

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