ASX Limited

Market Announcements Office

Receipt of R&D Tax Incentive

17 January 2018, Melbourne: Australian drug delivery company, Phosphagenics Limited (ASX: POH, OTCQX: PPGNY), is pleased to announce that it has now received its R&D Tax Incentive refund amounting to $1.25m for the 2016-17 tax year.

The R&D tax refund relates to Australian R&D expenditure and eligible overseas expenditure on its opioid patch and other R&D programs.

Enquiries

Ms Anna Legg

Chief Financial Officer Phosphagenics Limited +61 3 9002 5000

About Phosphagenics

Phosphagenics Limited is focused on developing and commercialising innovative Human Health, Animal Health and Personal Care products using its proprietary drug delivery system called TPM® (Tocopheryl Phosphate Mixture). TPM® is derived from Vitamin E using a unique, proprietary and patented process and has been proven to enhance the solubility and oral, dermal and transdermal absorption of drugs and nutrients.

Amongst its major projects, Phosphagenics' is developing TPM® enhanced patches, gels and injectable products for the human health market and is also developing TPM® to enhance the feed efficiency and health of livestock.

Phosphagenics' shares are listed on the Australian Securities Exchange (POH) and its ADR - Level 1 program in the US is with The Bank of New York Mellon (PPGNY).

www.phosphagenics.com

Phosphagenics Limited

ACN 056 482 403 ABN 32 056 482 403

Unit A8, 2A Westall Road, Clayton VIC 3168. Australia

Tel: +61 (0)3 9002 5000www.phosphagenics.comEmail: info@phosphagenics.com

Phosphagenics Ltd. published this content on 17 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 January 2018 03:19:08 UTC.

Original documenthttp://www.phosphagenics.com/wp-content/uploads/2018/01/2018-Jan-17-RD-Tax-Incentive.pdf

Public permalinkhttp://www.publicnow.com/view/2521F11CD117F689F4801B6A76B62CBC3B2ABD45