News and Announcements
Phylogica Looks to Recoup $1.9M from R&D Tax Incentive
- Published October 02, 2012 1:35PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
The first wave of companies is beginning to take advantage of the government’s recently installed R&D Tax Incentive, with Phylogica (ASX:PYC) lodging an application to recoup $1.9 million in research and development costs.
Innovation Australia has approved the registration of Phylogica’s application for the tax rebate on R&D drug discovery activities based on its portfolio of phylomer peptides.
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