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Former EDC Company Receives First NJ Angel Tax Credit Investment

Edge Therapeutics, a former Enterprise Development Center (EDC) portfolio company, is the first beneficiary of an investment from the New Jersey Angel Investor Tax Credit program.  The program is intended to encourage investment in New Jersey emerging technology businesses including advanced computing, advanced materials, biotechnology, electronic device technology, information technology, life sciences, medical device technology, mobile communications technology and renewable energy technology.  Jerry Creighton Sr., executive director of the EDC states, “Programs like this will keep early stage companies in NJ, create jobs and grow an important sector of the economy.”