Memphasys received $1.3 million R&D rebate
Bio-separation company Memphasys has received a $1.29 million tax rebate under the R&D tax incentive scheme. The payment is a refundable tax offset of eligible expenses on research and development. The company is developing the Felix device, an instrument used in in vitro fertilisation that separates high quality sperm from a semen sample, improving the…