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Lumos Diagnostics Secures R&D Tax Rebate to Boost Innovation

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Lumos Diagnostics Secures R&D Tax Rebate to Boost Innovation

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Lumos Diagnostics Holdings Ltd. ( (AU:LDX) ) has issued an update.

Lumos Diagnostics has received a cash refund of A$215,485 under the Australian Government’s Research and Development Tax Incentive for its FY2024 efforts. This refund supports Lumos’ ongoing R&D in enhancing its diagnostic technology platform, which is crucial for securing partnerships and advancing point-of-care technologies.

More about Lumos Diagnostics Holdings Ltd.

Lumos Diagnostics specializes in rapid point-of-care diagnostic test technology, offering customized assay development and manufacturing services. The company develops, manufactures, and commercializes novel Lumos-branded point-of-care tests targeting infectious and inflammatory diseases.

Average Trading Volume: 1,248,769

Technical Sentiment Signal: Sell

Current Market Cap: A$21.71M

For detailed information about LDX stock, go to TipRanks’ Stock Analysis page.

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