William H. Kitchens was quoted in the Wall Street Journal on May 20th in the article “Life-Science Firms to Get Details on $1 Billion Program.” Triggered by an AGG Client Alert that Mr. Kitchens wrote, the article discusses a new $1 billion tax credit or tax-free grant program for qualifying biotech companies, which is included in the massive healthcare overhaul. Mr. Kitchens commented on the program’s likely popularity. "It will be oversubscribed," he said. "There will be some companies that will meet all of the qualifications, but won’t get funded." To read the full article, please click here (subscription may be required to view).