News and Announcements
Bionomics R&D Tax Incentive for FY2012
- Published January 15, 2013 8:38PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Bionomics Limited (ASX: BNO) (ADR: BMICY) has lodged its FY2012 tax return and registered with AusIndustry (on behalf of Innovation Australia) for the Australian R&D tax incentive. Bionomics anticipates that it will receive a R&D tax incentive cash refund of $4.2 million for R&D expenses incurred in FY2012.
Further in 2012, Bionomics made submissions for advance findings for overseas expenditure to be eligible for the 45% R&D tax incentive. Bionomics has now received favourable findings from AusIndustry in relation to this overseas expenditure. The advance findings, for $8.9 million in overseas expenditure over the 3 year period from 1 July 2011, are in relation to investment in BNC105 cancer drug clinical trials being conducted in Australia, USA, Singapore and New Zealand and to R&D activities associated with its Alzheimers disease drug candidate BNC375.
——-
To view the full article, please click here.
Company Updates
Dogs First to Reduce Risk: QBiotics’ Smarter Path to Oncology Markets
QBiotics took a compound derived from a north Queensland rainforest tree all the way to veterinary registration before pursuing human oncology to de-risk its human cancer programme. Interim CEO Ebru Davidson argues that sequence – now backed by early responses across several human cancers – is the company’s real asset. The story that pulled Wholesale […]
Built on discipline, not complexity: inside an ASX equities income strategy
Haydn Froggatt and Zac Brabin have decades of derivatives experience between them and access to almost any strategy in the market. They use two of the simplest structures available, and wrote 202 positions with them last year. Published by Fairway Capital Management. Based on an interview with co-founders Haydn Froggatt and Zac Brabin. Two traders, […]
BlackRock has named the next Economy. What this latest paper means for Private Market Investors.
BlackRock has put a name on something the smart money has been circling for two years. Its digital assets research team calls it the machine-native economy. The thesis fits in one line. AI is machine-native intelligence. Digital assets are machine-native money. Both are built on the same architecture, and they are converging into a single […]
Backed By Leading Investment Groups and Family Offices
