Noxopharm Ltd. (AU:NOX) has released an update.
Noxopharm Limited has bolstered its cash reserves through a substantial rebate from the Australian Government’s Research and Development Tax Incentive scheme, receiving over $2.3 million. This financial boost supports the company’s innovative work on cancer and inflammation treatments as well as its upcoming HERACLES clinical trial. By repaying a significant loan, Noxopharm is strategically positioned to advance its Chroma™ and Sofra™ technology platforms.
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