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How Algorae’s $384K Tax Refund Fuels AI Drug Discovery Ambitions
9:05am on Wednesday 10th of December, 2025 AEDT
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Healthcare
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How Algorae’s $384K Tax Refund Fuels AI Drug Discovery Ambitions
9:05am on Wednesday 10th of December, 2025 AEDT
Key Points
Received $384,466 R&D tax refund from Australian Taxation Office
Non-dilutive funding strengthens cash reserves
Supports AI-powered drug discovery and expanding commercial pipeline
Reflects ongoing investment in innovative pharmaceutical development
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ALGORAE PHARMACEUTICALS (ASX:1AI)
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