RELEASE: New Milken Institute Report Finds Tax Incentives Vital to Sustaining California’s Innovation Economy
SACRAMENTO – At a virtual press event, the Milken Institute released a summary of initial findings on California’s Life Sciences industry. The report, “Sustaining California's Leadership in Life Sciences R&D,” outlines the vital role of life sciences in California and the positive impact that state Research and Development Tax Credits have on sustaining growth in the industry. The full report will be released in early June to help lawmakers make state budget decisions.