IHIF congratulates the 35 Indiana companies receiving funding through the Therapeutic Discovery Tax Credit Program. Indiana companies received over $10.3 million in awards. The program was intended to encourage investments in new therapies by small biotech companies. This new provision created a unique opportunity for companies without tax liability to exchange their credits to Treasury for a grant. For a complete listing of Indiana grant recipients, please see: http://www.irs.gov/businesses/small/article/0,,id=228981,00.html
