French Research Tax Credit Accreditation

Date : 04/21/2010 @ 2:00AM
Source : RNS Non-Regulatory
Stock : Cyprotex (CRX)
Quote : 160.5  0.0 (0.00%) @ 12:30AM
Cyprotex share price Chart

French Research Tax Credit Accreditation


Cyprotex PLC 
21 April 2010 
21 April 2010 
Cyprotex PLC ("Cyprotex" or the Company") 
Cyprotex Discovery Receives French Research Tax Credit Accreditation 
Cyprotex (AIM:CRX), the drug discovery technology and information company, is 
pleased to announce that it has received French research tax credit approval for 
years 2009 through to 2011. 
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 Cyprotex as of March 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 Cyprotex Discovery. 
Dr Anthony Baxter, Cyprotex's Chief Executive Officer, comments: 'We are 
delighted to receive this recognition and approval from the French Ministry of 
Research which will provide greater opportunities to support our current client 
base and allow for improved collaborations with future French clients.' 
Additional information on the French research tax credit system is available 
from the Ministère de l'Enseignement Supérieur et de la Recherche site - 
 For further information: 
Cyprotex PLC 
Dr. Anthony Baxter, Chief Executive Officer 
Tel: +44 1625 505 100 
Execution Noble & Company Limited 
John Llewellyn-Lloyd 
Sam Reynolds 
Tel: 020 7456 9191 
Public Relations 
Financial Dynamics 
Ben Brewerton 
Ben Atwell 
Mo Noonan 
Tel: 020 7831 3113 
This information is provided by RNS 
            The company news service from the London Stock Exchange 

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