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Neurotech Boosts Cash Reserves with $2.44M R&D Tax Refund

6:41pm on Sunday 1st of June, 2025 AEST Biotechnology
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Neurotech Boosts Cash Reserves with $2.44M R&D Tax Refund

6:41pm on Sunday 1st of June, 2025 AEST
Key Points
  • Received $2.44 million R&D tax incentive refund for FY24
  • Cash and equivalents total $6.0 million as of December 31, 2024
  • Pro-forma cash position stands at $8.44 million post-refund
  • Ongoing Phase II/III clinical trials in Autism Spectrum Disorder and other paediatric neurological conditions
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