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 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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