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Neurotech Secures $3.15 Million Loan Backed by R&D Tax Incentives
12:11pm on Wednesday 15th of July, 2026 AEST
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Healthcare
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Neurotech Secures $3.15 Million Loan Backed by R&D Tax Incentives
12:11pm on Wednesday 15th of July, 2026 AEST
Key Points
Secured $3.15 million loan against FY2026 and FY2027 R&D tax incentives
16% annual interest rate with maturity at end of 2027
Funding earmarked for Phase III Autism Spectrum Disorder clinical studies
Loan repayment tied to refundable R&D tax offsets in two tranches
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Neurotech International (ASX:NTI)
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