$3.5 Million R&D Tax Incentive Received
Released
Released
Announcement PDF
ASX Announcement
$3.5 Million R&D Tax Incentive Received
Melbourne, Australia; 22 October 2026: Starpharma (ASX: SPL, US OTC: SPHRY), an innovative
biotechnology company advancing dendrimer technology from the lab to the patient, today announces
the receipt of $3.5 million under the Australian Federal Government’s Research and Development
(R&D) Tax Incentive program.
Starpharma CEO and Managing Director Cheryl Maley commented:
“The R&D Tax Incentive is an important enabler of Australian biotechnology innovation. Drug
development can take many years and requires sustained investment from early research through
development and commercialisation. At Starpharma, we continue to invest in advancing our
dendrimer technology, with a focus on high-impact targeted oncology programs with clear commercial
potential and the opportunity to deliver meaningful benefits for patients. Programs such as the R&D
Tax Incentive play an important role in supporting Australian innovation and strengthening Australia’s
position in the global biotechnology sector.”
About Starpharma
Starpharma (ASX: SPL, US OTC: SPHRY) is an innovative biotechnology company with two decades of experience in advancing
dendrimer technology from the lab to the patient. Our mission is to help patients with significant illnesses, such as cancer, achieve
improved health outcomes and quality of life through the application of our unique dendrimer technology.
Dendrimers are precise, synthetically manufactured, nanoscale molecules. Their unique properties—including their size, structure,
high degree of branching, polyvalency, and water solubility—are advantageous in medical and pharmaceutical applications.
Starpharma’s portfolio of dendrimer-based products includes three clinical-stage DEP® (dendrimer enhanced product) assets,
preclinical radiopharmaceutical assets, research collaborations, and three commercially marketed over-the-counter (OTC) products.
For more information about Starpharma, visit www.starpharma.com or connect with Starpharma on LinkedIn.
Investor & Media Relations
Gabriella Hold
gaby@thecapitalnetwork.com.au
Starpharma Holdings Limited
Cheryl Maley, Chief Executive Officer
Justin Cahill, CFO and Company Secretary
+61 3 8532 2704
investor.relations@starpharma.com
4-6 Southampton Crescent
Abbotsford Vic 3067
Disclosure
This ASX Announcement was authorised
for release by Non-Executive Director, Dr
Russell Basser.
Forward-Looking Statements
This document contains certain forward-looking statements, relating to Starpharma’s business, which can be identified by the use of forward-looking terminology such as
“promising”, “plans”, “anticipated”, “will”, “project”, “believe”, “forecast”, “expected”, “estimated”, “targeting”, “aiming”, “set to”, “potential”, “seeking to”, “goal”, “could
provide”, “intends”, “is being developed”, “could be”, “on track”, or similar expressions, or by express or implied discussions regarding potential filings or marketing approvals, or
potential future sales of product candidates. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to
be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no assurance that any existing or future
regulatory filings will satisfy the FDA’s and other authorities’ requirements regarding any one or more product candidates, nor can there be any assurance that such product
candidates will be approved by any authorities for sale in any market or that they will reach any particular level of sales. In particular, management’s expectations regarding the
approval and commercialization of the product candidates could be affected by, among other things, unexpected trial results, including additional analysis of existing data, and
new data; unexpected regulatory actions or delays, or government regulation generally; our ability to obtain or maintain patent or other proprietary intellectual property protection;
competition in general; government, industry, and general public pricing pressures; and additional factors that involve significant risks and uncertainties about our products,
product candidates, financial results and business prospects. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those described herein as anticipated, believed, estimated, or expected. Starpharma is providing this information as of the date of this
document and does not assume any obligation to update any forward-looking statements contained in this document as a result of new information, future events or developments
or otherwise. Clinical case studies and other clinical information given in this document are given for illustrative purposes only and are not necessarily a guide to product
performance and no representation or warranty is made by any person as to the likelihood of achievement or reasonableness of future results. Nothing contained in this document,
nor any information made available to you is, or shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of any
Starpharma product.
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