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 potential for fertilisation.
Felix, which uses electrophoresis to separate high quality sperm, is also being developed for animal use.
Picture: Felix device
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