Not a good idea, Texans.
"Massachusetts in 2008 passed a $1 billion, 10-year initiative to fund life sciences research, but some have wondered about the viability of that endeavor given the state’s economic woes.
Yeah, GIVING AWAY TAX LOOT and PAYING INTEREST on it is a bummer, isn't it, Bay-Stater!?
--more--"
Our experience: Biotech Giveaway Was Borrowed Money
Also see: Spoiled Biopure
The Biotech Fizzle