| IRS provides tax credits as part of the "Therapeutic Discovery Project Program".
Per the IRS, "this program is designed to provide tax credits and grants to small firms that show significant potential to produce new and cost-saving therapies, support jobs and increase U.S. competitiveness.
IRS guidance describes the process by which firms can apply to have their research projects certified as eligible for the credit or grant. But, Companies must submit their applications for certification beginning June 21, 2010, but all applications must be postmarked no later than July 21, 2010."
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