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WASHINGTON--(BUSINESS WIRE)--The Biotechnology Industry Organization (BIO) today lauds the House of Representatives for passing H.R. 701, a bill to speed the implementation of a key capital formation provision in the Jumpstart Our Business Startups (JOBS) Act. H.R. 701 was introduced by Rep. Patrick McHenry (R-NC) and passed the House by a vote of 416-6.
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