Wednesday, August 24, 2016

GORDAGEN RECEIVES AUD$1.3 MILLION R&D TAX INCENTIVE

MELBOURNE, Australia, Aug 24 (Bernama-AsiaNet) --

* Refund based on AUD$2.8 million in eligible R&D spending used to advance the Company's development programs.

* Two nutraceutical products currently being prepared for US launch by end of 2016.

Gordagen Pharmaceuticals, a private Australian company developing biopharmaceuticals and nutraceuticals based on the medicinal properties of tocotrienols, is pleased to announce it has received a Research and Development Tax Incentive Refund of AUD$1.3 million for the 2015/2016 financial year.
http://mrem.bernama.com/viewsm.php?idm=27384

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