Valeritas Receives Tax Incentive for Job Creation

Established in 2008, the Massachusetts Life Sciences Initiative allows up to $25 million in tax incentives each year for companies doing research and development, commercialization and manufacturing in the Commonwealth. For 2011, the Mass Life Sciences Center approved $23.9 million in incentives to 30 companies to create almost 1,000 new jobs. As a result of …

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Mike Cavaretta Comments on Massachusetts Video Game Industry Growth in Mass High Tech

A recent Mass High Tech article titled “Game sector debates industry obstacles to growth in Massachusetts” discusses the unavailability of tax breaks and other state financial incentives for Massachusetts video game companies. MBBP attorney Mike Cavaretta was featured in this article, where he shared his point of view on the issue and offered his suggestions for …

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Shire Awarded $6.3 Million as Part of Tax Incentive Program

The Massachusetts Life Sciences Center has recently awarded 28 life sciences companies $25 million in tax incentives. MBBP client Shire Human Genetic Therapies Inc. was chosen as one of these companies, receiving $6,277,057. The Tax Incentive Program is directed at creating and keeping jobs in Massachusetts. The companies in the program have agreed to create …

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