Syntara (ASX:SNT) received its research and development (R&D) tax incentive refund of AU$4.7 million for eligible activities conducted during fiscal 2026, according to a Monday Australian bourse filing.
The company said the Australian Government's R&D Tax Incentive program encourages businesses to undertake research and development activities, providing eligible companies with cash refunds for 43.5% to 48.5% of eligible expenditure.
The company's shares rose 9% in recent Monday trade.
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