Acrux receives $2.88m R&D Tax Incentive Rebate for FY23
Released
Released
Announcement PDF
ASX Release
8 November 2023
Receipt of R&D Tax Incentive Rebate for FY23
Melbourne, Australia; Acrux Limited (ASX:ACR) is pleased to announce receipt of $2,868,795
from the Australian Tax Office in relation to its R&D Tax Incentive Rebate, which includes eligible
overseas expenditure, for the 2022/2023 financial year.
The R&D Tax Incentive is an Australian Federal Government program under which companies
may receive cash refunds for eligible research and development expenditure.
Authorised for release by the Board of Acrux Limited.
For more information, please contact:
Michael Kotsanis
Acrux Limited
CEO & Managing Director
P: + 61 3 8379 0100
E: michael.kotsanis@acrux.com.au
About Acrux
Acrux (ASX: ACR) is a pharmaceutical company dedicated to developing and commercialising
topical pharmaceuticals. Drawing on 25 years of experience and using in house facilities and
capabilities, Acrux has successfully developed and commercialised through licensees a number of
topically applied pharmaceutical products in the US and Europe. Acrux is developing of a range of
generic products for the US market by leveraging its on-site laboratories, GMP manufacturing suite,
clinical and commercial experience to bring affordable products to market. Acrux encourages
collaboration and is well positioned to discuss partnering and product development.
For further information on Acrux, visit www.acrux.com.au
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