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"Stupid" French finance bill set to add 30-40% to biotech wage costs, says France Biotech

This article was originally published in Scrip

Executive Summary

Article 78 of the Finance Bill currently going through the French parliament system will cost research-based French biotechnology companies 30-40% more in increased salaries and will emasculate the advantageous tax status currently enjoyed by Jeunes Enterprises Innovantes (JEI: Young Innovative Companies), according to the French biotechnology industry association, France Biotechnology.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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