Therapeutic Discovery Project Is Working to Create & Protect American Jobs

Therapeutic Discovery Project Is Working to Create & Protect American Jobs

In 2010, the Therapeutic Discovery Project (TDP) awarded $1 billion in tax credits to about 2,923 small biotechnology companies across the country to accelerate discovery of promising, cutting-edge cures to treat devastating diseases like cancer, heart disease, diabetes, and Alzheimer's. The biotech industry is a thriving sector employing 1.3 million Americans in high quality, high paying jobs and is an important growth engine for our economy.