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LCA Asks Congressional Leaders to Support the Extension of the Therapeutic Discovery Project Tax Credit

LCA joined with other leading patient and health advocacy groups to advocate for the extension of the Therapeutic Discovery Project Tax Credit.  This tax credit was enacted in 2010 to encourage investment in new promising therapies to prevent, diagnose and treat acute and chronic diseases.  At that time $1 billion was injected into biotechnology research allowing companies to continue their work of speeding cures and treatments to patients whose lives depend on them.   This issue is under consideration by the House Ways and Means and Senate Finance Committees as end of year budget and appropriation decision making is finalized. 

Click here to view the letter.