Question
Do biotech companies get any kind of subsidies or funding from the United States government and if so, what are they and how much are they?
Submitted by: Seeking.the.Truth
Answer
Expert response from Cathleen Enright
Former Executive Director of the Council for Biotechnology Information
Wednesday, 11/12/2013 12:17
No, I am not aware of any subsidies from the U.S. government which are given to biotech companies. Our companies do compete for grants, but those opportunities are more limited than what’s available to public institutions or small businesses. The U.S. government also provides grants to academic and research institutions for public research projects on agricultural technologies. In fact, it’s all public record. For instance, you can research the USDA National Institute of Food and Agriculture grant program here: http://www.nifa.usda.gov/funding/afri/afri_reports.html.
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