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Onyx Scientific Ltd Receives French Research Tax Credit Accreditation

06-16-2010 09:09 AM CET | Health & Medicine

Press release from: Onyx Scientific Ltd

Onyx Scientific Ltd Receives French Research Tax Credit Accreditation
Onyx Scientific Ltd, the Contract Chemistry R&D Company is pleased to announce that it has received French research tax credit approval.
The French Ministry of Research (Ministère de l'Enseignement Supérieur et de la Recherche) has granted the French R&D tax credit ("Crédit d'Impôt 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 R&D requirements that are outsourced to Onyx Scientific.
Dr Tony Flinn, Onyx Scientific Chief Executive Officer, comments: “This is great news for us as we needed to demonstrate our unique innovative culture on application. We are happy to employ this in the service of French biotech and pharmaceutical companies”
Additional information on the French research tax credit system is available from the Ministère de l'Enseignement Supérieur et de la Recherche site - http://www.enseignementsup-recherche.gouv.fr/

Onyx Scientific Limited is a chemistry Outsourcing specialist that supplies a diverse array of chemistry research and development services to the pharmaceutical and related industries. Onyx Scientific provides contract research, custom synthesis, small-scale cGMP manufacturing, polymorphism, salt selection and other services plus novel fine chemicals based on proprietary technology.

Onyx Scientific Ltd
Silverbriar
Sunderland Enterprise Park East
Sunderland
SR5 2TQ
UK
Dr Tony Flinn

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