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On November 3, 2010 Secretary of the Treasury Tim Geithner and Secretary of Health and Human Services Kathleen Sebelius joined with NIH Director Dr. Francis Collins today to announce the recipients of the $1 billion in new therapeutic discovery project credits and grants created by the Affordable Care Act. This program will help nearly 3,000 small biotechnology companies in nearly every state in the country produce new and cost-saving therapies, support good jobs and increase U.S. competitiveness. For the comlete text of the press release please visit U.S. Department of Health and Human Services website.

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