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Accelerated R&D Credit in Senate Housing Package Will Enhance Biotech Innovation and Speed Therapeutic Discovery
July 11, 2008
WASHINGTON, July 11 -- The Biotechnology Industries Association issued the following news release:

Hundreds of biotechnology start-ups will be encouraged to utilize an incentive for capital investments as a result of a provision included in the Housing Bill passed by the U.S. Senate today by a vote of 63-5.

"Many biotech companies whose products have not yet made their way to market will be in a stronger position to carry out clinical trials and product develop . . .

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