Anavex Life Sciences Corp (AVXL)

[F1ash]

AU doesn't need to provide "grants". It provides the resources for the trials. Why else do so many companies hold trials there?

Maybe this?

“Planning to run a clinical trial in Australia?
43.5% “cash back” benefit now available for eligible foreign companies undertaking R&D in Australia. Are you eligible for up to 43.5% refund on your next Clinical Trial?”

https://datapharmaustralia.com/r-d-tax-incentive/

“The R&D Tax Incentive is the Australian Government’s principal measure to encourage industry investment in research and development. It is a broad-based, market driven program that aims to boost company competitiveness, improve productivity and deliver economy-wide benefits to Australia.
The R&D Tax Incentive replaces the R&D Tax Concession from 1 July 2011 and is jointly administered by AusIndustry (on behalf of Innovation Australia) and the Australian Taxation Office (ATO).