Bioscience company definition

Bioscience company means a corporation, limited
Bioscience company or "bioscience companies" means a corporation, limited liability company, S corporation, partnership, registered limited liability partnership, foundation, association, nonprofit entity, sole proprietorship, business trust, person, group or other entity that is engaged in the business of bioscience in the state and has business operations in the state, including, without limitation, research, development, sales, services, distribution or production directed towards developing or providing bioscience products or processes for specific commercial or public purposes but shall not include entities engaged in the distribution or retail sale of pharmaceuticals or other bioscience products. The authority and the secretary of revenue shall jointly determine whether an entity qualifies as a "bioscience company" based on verifiable evidence. One of the factors that shall be considered is whether a company has been identified by the department of labor by one of the following NAICS codes: 325411, 325412, 325413, 325414, 325193, 325199, 325311, 325320, 334516, 339111, 339112, 339113, 334510, 334517, 339115, 621511, 621512, 541710, 541380, 541940 and 622110. Such company shall be presumed to be a bioscience company unless the authority and the secretary of revenue agree, based on verifiable evidence, that the company is not engaged in the business of bioscience in the state. A company identified by another NAICS code may be determined to be a bioscience company by the authority and the secretary of revenue based on verifiable evidence that the company is engaged in the business of bioscience in the state. From and after July 1, 2014, the authority and the secretary of revenue, based upon verifiable evidence, may determine that a company which has previously been determined to be a bioscience company shall no longer be considered to be a bioscience company for the purposes of the emerging industry investment act.

Examples of Bioscience company in a sentence

  • Then, you need to consider that every Bioscience company is a Biotech company, but not everycompany of Bioscience is a Biotech companyThe last sector diagnosis by Biominas Foundation, published in 2009, focused its analysis on the biotech companies set by the Organization for economic cooperation and development (OECD), such as companies whose main Figure 1.

  • Company C – A Bioscience company specialising in the development of laboratory testing equipment and processes, also with a requirement for c10,000 square feet.

  • Prior to 2000, worked as a Works Manager, managing a staff of 100; a Facilities Manager for a Bioscience company; a Quality Control Manager for an international manufacturing company and a design draughtsman amongst others.

  • The library of single molecule real-time165 (SMRT) PacBio genome sequencing was constructed according to the standard protocols166 of Pacific Bioscience company.

  • Bioscience company executives interviewed for this study also note that Prince George’s County has an important business advantage—the costs of operation in Prince George’s County are generally lower than the costs in neighboring counties.


More Definitions of Bioscience company

Bioscience company means a corporation, limited liability company, S corporation, partnership, registered limited liability partnership, foundation, association, nonprofit entity, business trust, group, or other entity that is engaged in the business of bioscience in this state and has business operations in this state, including, without limitation, research, development, or production directed towards developing or providing bioscience products or processes for specific commercial or public purposes and are identified by the following NAICS codes: 325411, 325412, 325413, 325414, 325193, 325199, 325311, 32532, 334516, 339111, 339112, 339113, 334510, 334517, 339115, 621511, 621512, 541710, 541380, 541940, and 622110. “Bioscience company” does not include a sole proprietorship.

Related to Bioscience company

  • CORA means the Colorado Open Records Act, §§24-72-200.1 et. seq., C.R.S.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.