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Therapeutic discovery project
The Qualifying Therapeutic Discovery Project tax credit is provided under new section 48D of the Internal Revenue Code (IRC), enacted as part of the Patient Protection and Affordable . Projects such as the TDP help American small biotech companies sustain or create high quality, high paying jobs by providing much-needed. 3. Find the latest news from multiple sources from around the world all on Google News. . Detailed and new articles on therapeutic discovery project. A "Qualified therapeutic discovery project" is defined as a project designed to: treat or prevent diseases or conditions by conducting preclinical activities, clinical trials, or clinical studies, or carrying out research protocols, for the purpose of securing approval of a drug or biologic;. A "Qualified therapeutic discovery project" is defined as a project designed to: treat or prevent diseases or conditions by conducting preclinical activities, clinical trials, or clinical studies, or carrying out research protocols, for the purpose of securing approval of a drug or biologic;. A non-diagnostic medical device may be a “qualifying therapeutic discovery project” if such project is designed to “further the delivery or administration of therapeutics.” An applicant seeking . 20expenses related to a qualifying therapeutic discovery project. and commercializing therapeutic products for the prevention and.