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flag Australia grants Proteomics $2.2M R&D rebate to advance early-disease detection platform.

flag Proteomics International Laboratories has received a $2.2 million R&D rebate from the Australian government, funded by a 43.5% tax incentive on $5.15 million in qualifying research spending. flag The funds will support the commercial rollout of its Promarker platform, which detects diseases like diabetic kidney disease, endometriosis, and oesophageal cancer years before symptoms appear. flag The company plans to launch its endometriosis test in Australia before year-end and prepare for U.S. market entry with a newly accredited lab. flag Additional tests for asthma, early diabetes complications, and other conditions are in development, with existing diagnostics already generating revenue through telehealth and pathology networks.

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