Manhattan Scientifics Seed Funded Imagion Bioscience & Owns 64 Million Shares IBX
July 25 2019 - 1:55PM
Business Wire
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Diagnostic https://youtu.be/X4HLKyIl6Zo
Manhattan Scientifics (OTC; QB MHTX) announces its former wholly
owned sub Imagion Bioscience (ASX:IBX) Receives A$2 million in
R&D Tax Incentives from the Australian Government (ATO)
Bob Proulx, Executive Chairman of Imagion Biosystems, said: “We
are very pleased to report to our shareholders that the tax
incentive funds have been received and that the rebate came in
higher than the A$1.7 million we originally expected. This cash
infusion will significantly enhance our ability to advance the
development of our ground-breaking diagnostic imaging technology
which was recently designated by the U.S. Food and Drug
Administration as a ‘Breakthrough Device’”.
About Manhattan Scientifics Inc.
Manhattan Scientifics is focused on the commercialization of
disruptive technologies
Forward-looking statement:
This press release contains forward looking statements which are
subject 5to a number of risks, assumptions and uncertainties. Mgt
believes that purchase of our shares should be considered to be at
the high end of the risk spectrum.
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version on businesswire.com: https://www.businesswire.com/news/home/20190725005680/en/
Marvin Maslow, Chairman: 917.923.3300 Manny
Tsoupanarias, CEO : 917.688.4158
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