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How Acrux Is Unlocking $2.19M Early from FY25 R&D Tax Incentive

9:36am on Thursday 3rd of July, 2025 AEST Healthcare
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How Acrux Is Unlocking $2.19M Early from FY25 R&D Tax Incentive

9:36am on Thursday 3rd of July, 2025 AEST
Key Points
  • Second advance of $0.46 million received from Radium Capital
  • Total advances now $2.19 million, about 80% of estimated FY25 R&D Tax Incentive
  • Funds to support product development and working capital management
  • FY25 R&D rebate expected from Australian Tax Office later in 2025
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