ReNerve Receives Additional Tax Incentive Refund; Shares Hit All-Time Low

MT Newswires Live

2025/03/07

ReNerve (ASX: RNV) received an additional AU$139,537 in research and development tax incentives following an assessment of the company's overseas research activities, bringing its total refund to AU$516,606, according to a Friday filing with the Australian bourse.

The company said it is working and developing products aimed to provide a complete range of products for peripheral nerve repair and replacement.

The company's shares were down almost 4% in recent Friday trade, earlier hitting an all-time low.

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