Life Science

BDO offers expertise to help Life Science companies grow through innovation and partnerships.

The life sciences industry is formulating the future

Life Science is a sector in full swing. Investors and partnerships between ambitious start-ups, scale-ups and established market players in biotech drive innovation.
However, the road to innovation is not without challenges. In drug development, biotech companies face: 

  • ever-stricter regulations that can slow down time-to-market; 
  • significant investment in time and money for clinical trials for medicinal products and medical devices 
  • an uncertain ROI due to pressure on prices of new medical treatments and therapies 
  • the laborious search for new employees who are specialists in their field. 

Life Science is a sector brimming with opportunities, including:

  • medical treatments tailored to individual patients and the emergence of precision medicine 
  • rapid evolution of biotechnology and genetic editing, which opens up opportunities for new therapies 
  • increasing digitisation and outsourcing of big data-based analytics 
  • an ageing population which increases the demand for healthcare products and services 
  • the continuing need to innovate, collaborate with regulators and adapt to market pressures to successfully combine health and profitability pursuits. 

How BDO can help

To seize new growth opportunities while remaining stable, biotech companies must:

  • ensure maximum growth financing (including grants) and improve cash flow management 
  • focus on big data
  • optimise business processes 
  • manage risks, for example by entering strategic partnerships 
  • implement tax optimisation techniques (including through R&D tax breaks). 

Strict adherence to legal ground rules - including quality assurance - is also essential, as human lives are at stake in the Life Science sector. Finding enough patients willing to participate in research & development remains a (global) challenge. 


Life Science - How BDO can help


Life Science - Why choose BDO

Why choose BDO

How does BDO make a difference for entrepreneurs operating in Life Science?  

  • At BDO, we are “small enough to care and big enough to count”, meaning that we can serve a broad range of clients over its whole development journey. 
  • From startups being in a pre-clinical stage and requiring pragmatic and valuable outsourcing services, to the bigger ones, commercializing innovative products and needing international expertise around complex matters. 
  • BDO would be a preferred partner for you, understanding your needs and delivering its services with the highest quality standards. Namely, we have extensive experience within the Life Science industry in tax planning (R&D incentives), M&A advisory, financial audit as well as budgeting tool.  
  • Finally, our ESG experts would help you to meet the ESG rating requested by international financing organizations as well as employees, being two key resources to manage with the highest care in the current economic environment. 


 


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