Business leaders last week credited Gov. Deval Patrick’s $1 billion life-sciences initiative with enticing Organogenesis, a biotechnology company, to expand its headquarter facilities in Canton.

The administration has worked with Organogenesis to create a $12.9 million incentive package. That, along with $5 million of low-interest loans, will fund the growth initiatives with the expectation that additional jobs will be created and the state’s income-tax base expanded.

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