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New bill introduced to extend Therapeutic Discovery Project Tax Credit


The Qualifying Therapeutic Discovery Project Tax Credit Extension Act of 2011 has been introduced in Congress to extend grants and tax credits under the Therapeutic Discovery Project, reports MICROHSCOPE.

The 2010 Therapeutic Discovery Project provided $1 billion in support to nearly 3,000 companies across the country, including 62 Ohio biomedical firms that collectively received $16 million in grants and tax credits.

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