Onyx Scientific has received French research tax credit approval.
The French Ministry of Research (Ministere de lEnseignement Superieur et de la Recherche) has granted the French Research and Development tax credit (Credit dImpot Recherche, CIR) accreditation to Onyx Scientific as of June 2010. This initiative allows eligible French pharmaceutical, biotech and agricultural companies subject to corporate tax in France, the ability to claim significant tax relief on costs generated in research and development requirements that are outsourced to Onyx Scientific. See here.
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