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Med Ad News Insider

Act quickly to take advantage of new $1 billion tax credit

Thursday, May 6th, 2010

Med Ad News’ 19th annual report on the Top 100 Biotechnology Companies in our upcoming June issue will explore the impact of U.S. healthcare reform legislation on the biotech industry. Of particular note for the industry is a provision establishing the therapeutic discovery project tax credit. The bill provides up to ...

Uphill climb for biotech companies seeking investment

Tuesday, February 10th, 2009

In a recent op-ed in The Seattle Times, James Bianco, M.D., CEO of Cell Therapeutics Inc., talks about how his company was able to raise $117 million in 2008 through innovative, but dilutive, financing, despite public-company financing being down 58% from 2007. According to Dr. Bianco, the worst mistake a ...