Industries

Life Sciences & Pharmaceutical Companies

Life sciences and pharmaceutical companies face a unique set of operational and financial challenges, from conducting clinical trials to bringing products to market to expanding operations—all within a complex regulatory environment. The road to success and overcoming these challenges begins with forging strong relationships with accounting, tax, and consulting professionals with industry-specific expertise.

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Vinay Navani

Practice Leader

Chris Frederick

Practice Leader

Who We Serve

Our Life Sciences Practice Group serves privately-owned companies from start-ups to large multinational and middle-market companies. We have collaborated with organizations focused on many areas, including:

  • Generic drug manufacturers and distributors focused on injectables, pills, and capsules
  • Branded pharmaceuticals, including FDA 505(b)(2) focused organizations
  • Nutraceuticals
  • Organizations focused on clinical research and research and development
  • Biotechnology companies

Your Success is Our Business

Supporting business growth, transition, and personal financial success with expert accounting, tax, and advisory services.

Our Expertise

Having spent significant time helping our clients navigate the complex accounting and tax issues prevalent in the life sciences industry, our capabilities include:

  • Calculation of gross to net sales and receivables, with hands-on experience with many aspects of the calculations including chargebacks, rebates, wholesaler fees, and group purchasing organizations
  • Determining proper accounting and tax treatment for payments received under research and development milestone agreements
  • Analyzing complex accounting treatment for joint ventures and collaboration agreements
  • Helping companies claim research and development tax credits and other tax incentives

Our Services

Accounting & Tax

Development

  • Audit readiness​
  • Budgets and projections​
  • Financial modeling​
  • Financial reporting​
  • Internal controls and entity policies​
  • IT/Computer consulting​
  • Structure of employee compensation plans

Funding

  • Bank financing
  • Stock compensation and other equity compensation
  • Capital structures
  • Benefit plan services
  • 83(b) election
  • Private equity investment

Commercialization

  • Chargebacks
  • Revenue recognition
  • Risk management
  • Royalty and compliance services

International Expansion

Exit Planning

Quick Tax Guide: What Life Sciences Leaders Need to Know

Quick Tax Guide: What Life Sciences Leaders Need to Know

Tim TorresTim TorresSeptember 24, 2025
State Tax Nexus and Compliance for Pharma and Life Sciences

State Tax Nexus and Compliance for Pharma and Life Sciences

Jenna SanfilippoJenna SanfilippoSeptember 9, 2025
The Role of P.L. 86-272 for State Tax Compliance for the Pharmaceutical Industry

The Role of P.L. 86-272 for State Tax Compliance for the Pharmaceutical Industry

Tim TorresTim TorresAugust 6, 2025
Prescription for Savings: How Pharmacy Owners Can Benefit from IRC 1202

Prescription for Savings: How Pharmacy Owners Can Benefit from IRC 1202

Tim TorresTim TorresJuly 3, 2025
Consider Section 174 When Selling a Life Science Business

Consider Section 174 When Selling a Life Science Business

Tim TorresTim TorresJune 13, 2025