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Australia grants Proteomics $2.2M R&D rebate to advance early-disease detection platform.
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.
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.
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.
Additional tests for asthma, early diabetes complications, and other conditions are in development, with existing diagnostics already generating revenue through telehealth and pathology networks.
Australia otorga a Proteomics un reembolso de investigación y desarrollo de $2.2M para avanzar en la plataforma de detección temprana de enfermedades.