BF Innovation Inc., a skin-care product developer located in Farmingdale’s Broad Hollow Bioscience Park, has joined Gov. Andrew M. Cuomo’s Start-Up NY tax-free zones program. This participation exempts the company from state and local taxes for up to 10 years and offers state income tax exemptions to its new employees for the same period. The company focuses on developing topical drug products for dermatitis and aims to double its workforce by year-end. BF Innovation is the fourth Start-Up NY participant at Farmingdale State College’s zone, joining other biotech startups.
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