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Echo IQ Nets $1.26M Boost from R&D Tax Incentive for AI Heart Tech

8:33am on Monday 2nd of June, 2025 AEST Medical Technology
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Echo IQ Nets $1.26M Boost from R&D Tax Incentive for AI Heart Tech

8:33am on Monday 2nd of June, 2025 AEST
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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