Jump-Starting Biomedical Research and Development: Health Care Reform Provides Tax Credits


The Patient Protection and Affordable Care Act (Pub. L. No. 111-148), will do much to expand health insurance coverage to the majority of Americans and improve access to high quality health care services. In addition to expanding coverage and improving quality, the Qualifying Therapeutic Discovery Project Tax Credit included in the law will be a valuable tool for industry to incentivize the development of cutting edge drugs, diagnostics, biologics, and medical devices.

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Published In: Finance & Banking Updates, Health Updates, Insurance Updates, Science, Computers & Technology Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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