WASHINGTON--(BUSINESS WIRE)--The Biotechnology Industry Organization (BIO) today applauds the House of Representatives for passing the Small Cap Liquidity Reform Act (H.R. 3448), co-sponsored by Reps. Sean Duffy (R-WI) and John Carney (D-DE). This bill builds on the success of the Jumpstart Our Business Startups (JOBS) Act by increasing liquidity for emerging growth companies, including biotech innovators, that trade on the public market.
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