Life Sciences Advisory and Accountancy
Providing Life Sciences & Pharmaceutical clients with an adaptable and ambitious advisory team with comprehensive industry knowledge to help grow their business at all stages.MHA has extensive experience working with organisations across the pharmaceutical industry, from entrepreneurial businesses to large global corporates, including drug manufacturers, wholesalers, medical technologists, and medical device manufacturers.
Our Life Sciences & Pharmaceutical accountants and specialists work in partnership with companies at all stages of their life cycle, from launch and growth to maturity and exit. Our global reach and entrepreneurial drive make us the ideal partner for UK pharmaceutical firms.
Our Life Sciences & Pharmaceuticals team provide support on:
The full range of compliance services such as audit, accounting, and tax returns
Our team helps companies establish robust auditing and monitoring programs that provide insight into the ever-evolving compliance landscape of the life sciences industry. Also, we support companies from start-ups through to those operating internationally with cross-border transactions that crystallise the need for careful tax planning.
Raising funding for ongoing operations and new product development
Whether you are an emerging life sciences company bringing your first product to market or are an established company with multiple therapies, our team can help you navigate through the commercial and medical needs of your product and business.
Expert advice in new market entry and cross border regulations
Our market access strategy and support services help to create evidence generation plans by analyzing market intelligence and pricing strategies tailored to the needs of each funding jurisdiction.
Supply chain resilience
MHA can advise on operational structures to mitigate risks by evaluating supply chain strengths, correcting weaknesses, and realigning operations to support the business’s strategic objectives.
Guidance on R&D tax credits
From understanding how to claim wages, supplies and contract research costs to finding ways to increase and optimize investments in new technologies, our tax and life sciences tax specialists can help maximize the benefits of the R&D tax credits.
Planning and advice for mergers, acquisitions, and disposals
We provide advice across a wide range of activities including M&A advisory and business planning, transaction services and due diligence, raising capital, management advisory, business valuations and sales.
MHA’s life sciences industry specialists have a deep understanding of cross-border transactions. They collaborate closely with our tax teams to determine the most effective approach for each situation, aiming to optimise tax mitigation while ensuring compliance with transfer pricing rules and taking into account the implications of Base Erosion and Profit Shifting (BEPS).
Life Sciences & Pharmaceuticals Insight and Events
Transforming Life Sciences: Harnessing AI for Innovation and Growth WebinarFull details
Global Trade Perspectives: Navigating Customs Compliance and EU VAT Changes in an E-Invoicing EraFull details
Supplier of cosmetic services faces £1.6 Million VAT bill following dispute with HMRC
Unlocking the potential of Patent Box
How MHA helped a global diagnostics organisation adopt a single effective compliance programmeFull details
How MHA helped a medical diagnostics company strengthen its medical affairs function through a governance assessmentFull details
- Globally, as member of Baker Tilly, we support 500 medical device, pharmaceutical, life science and biotech companies.
- The pharmaceuticals sector is aligned with our vision of creating a better, more sustainable future for all.
- We build unparalleled relationships with our people, clients, and networks, founded on integrity and trust.
- We help our clients focus on solutions, identifying ways to make things better.
Our Life Sciences & Pharmaceuticals team
Yogan A. Patel
Corporate Finance Partner and Transaction Services LeaderFull details
Corporate and International Tax PartnerFull details
Audit and Accounts DirectorFull details
Audit ManagerFull details
Pharma & Life Sciences Accounting & Consulting
We have extensive experience in working with organisations across the industry, including drug manufacturers, wholesalers, medical technologists, and medical device manufacturers. We support our clients who may be experiencing growth and are looking to expand internationally or are facing significant disruption to aspects of their business, doubling down our focus to help them minimise disruption to achieve strategic and growth objectives.
Globally, we support in the region of 500 medical device, pharmaceutical, life science and biotech companies and as part of our membership of Baker Tilly International we have close links to a large group of consultants based in our North American practice who can advise on wider business and regulatory issues in the sector.
Connected to the sector
Our specialists frequently take part in delivering key thought leadership that helps drive the sector forward and shapes government policy.