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Support for Rare Disease Treatment: Tax Credits and CDC Study

This law aims to boost support for rare disease drug development by doubling a tax credit for pharmaceutical companies. Additionally, it mandates the Centers for Disease Control and Prevention (CDC) to conduct a study on improving the tracking and data collection for rare diseases, which could aid in their diagnosis and treatment.
Key points
Companies developing drugs for rare diseases will receive larger tax credits, potentially accelerating the availability of new treatments.
The CDC will conduct a study to improve data collection on rare diseases, which could lead to a better understanding and treatment of these conditions.
The changes aim to improve the lives of individuals with rare diseases by supporting research and drug development.
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Additional Information
Print number: 117_HR_2623
Sponsor: Rep. Gottheimer, Josh [D-NJ-5]
Process start date: 2021-04-16