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www.fdanews.com/articles/108308-biotech-start-ups-covet-tax-credit

Biotech Start-Ups Covet Tax Credit

July 7, 2008
Angel investors and wealthy individuals promised to invest a little more than $1 million in BioMarker Strategies, a young Baltimore biotech working on medical devices and diagnostics for cancer patients. So Scott Allocco, president of BioMarker, invested 11.5 hours on a sidewalk to snag them thousands of dollars in tax credits.
Washingtonpost.com