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Global Trade Alert

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United States of America/State of New York: Up to $140 million in performance-based incentives for biotechnology company Regeneron

Description

On September 11, 2018, Governor Andrew M. Cuomo announced that biotechnology company Regeneron will invest approximately $800 million over seven years to expand its laboratory space, manufacturing cap...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Sep 2018

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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