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Echo IQ Nets $1.26M Boost from R&D Tax Incentive for AI Heart Tech
2:29pm on Wednesday 12th of February, 2025 AEDT
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Medical Technology
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Echo IQ Nets $1.26M Boost from R&D Tax Incentive for AI Heart Tech
2:29pm on Wednesday 12th of February, 2025 AEDT
Key Points
Received $1.26 million R&D tax refund for FY2024
Funds linked to AI innovation in cardiology decision-support
Refund represents 43.5% of eligible R&D expenditure
Supports development of structural heart disease detection tools
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