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Kansas Bioscience Authority to become private entity

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OLATHE — The Kansas Bioscience Authority says it will become a private entity this year.

The Olathe-based authority was established in 2004 to attract bioscience technology to Kansas, using both state and private funds. The Lawrence Journal-World reports (http://bit.ly/1VusoFZ ) it has been criticized in recent years for the types of investments it made. Some lawmakers also said it wasn’t appropriate to use state funds for private equity ...


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