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HomeBusinessOpyl: Receives over $200k in R&D tax refund

Opyl: Receives over $200k in R&D tax refund

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Opyl: Receives over $200k in R&D tax refund

  • Opyl (OPL) has received a research and development (R&D) tax refund of $200,500 from the Australian Taxation Office (ATO)
  • The company continuing to undertake the research and development of three digital health platforms that powered by artificial intelligence
  • Even though COVID-19 has impacted many businesses in a negative way, it has actually helped verify Opyl’s platforms
  • By using Opyl’s digital platforms, clinicians are also given insights and easy to use solutions to help them manage an illness, injury or disorder
  • Clinicians are relying on each other like never before for advice and insights based on experiences that have had
  • Opyl has ended the day with no change to its share price. Shares are trading for seven cents each

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