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Montserrat

Amplia Therapeutics Limited

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Amplia has received A$3.77 million under the Australian Government’s Research and Development Tax Incentive program for the financial year ended 31 March 2025.

The Australian Government's Research and Development Tax Incentive is a program to encourage businesses to undertake research and development (R&D) activities and provides eligible companies with a tax offset of 43.5%-48.5% (refundable) for eligible expenditure on R&D activities.

The refund relates to R&D expenditure for the development of the Company’s FAK inhibitors, including work undertaken as part of the ACCENT Phase 1b/2a clinical trial of narmafotinib (AMP945) in advanced pancreatic cancer.

These funds will be used to support the ongoing progression of the ACCENT and AMPLICITY trials, as well as further R&D activities.

Amplia Receives R&D Tax Rebate totalling $ 3.77 million