At the crossroads of health care, entrepreneurship, science and business, the life sciences industry is positioned for exponential growth – providing the proper support services are in place.
From cutting-edge research methodologies and lengthy development cycles, to meticulous clinical trials and complex government approval regulations, life sciences companies face significant challenges as they seek to thrive and grow in a competitive landscape.
Developing the treatments of the future requires the full resource capacity – and attention – of the entire organization. The ability to focus on such vital work is of utmost importance to progress and to the organization’s financial well-being. PKF O’Connor Davies supports clients in the Life Sciences sector by allowing them to do just that – to focus on creating in-demand innovations.
Helping companies bridge the gap between business and science to create the innovative treatments that the world needs…and that make a world of difference.
Expertise for Every Stage of Growth
With specific sector knowledge, experience and insight, our specialists help biotech and life sciences companies — from start-ups to established entities — anticipate and respond to key audit, accounting and tax issues as they navigate the various phases of their business lifecycle. We guide them in tackling and managing issues surrounding regulation, compliance requirements, game-changing technologies, healthcare reform, research and development and risk mitigation. To help clients capitalize on opportunities in the global marketplace, our membership in the PKF International Network of accountants and business advisors provides access to the expertise of over 400 member firms in 150 countries.
PKF O’Connor Davies supports its clients in the Life Sciences sector by providing the following value-added services:
- Tax planning
- Licensing Agreements
- Financing and funding advisory
- Merger and acquisition advisory
- Research and Development tax credits
- Cash flow management
- Incentive compensation advisory
- Compliance reviews and assessments
- Sarbanes-Oxley compliance
- Bookkeeping, accounting and financial reporting assistance
- Internal controls consulting
- Accounting for patents, goodwill, and intangibles