Biotechnology & Lifesciences
In brief
The R&D Tax Credit offers a direct reduction to companies’ prior, current, and future federal and state income tax liabilities.
Specifically, the R&D Tax Credit aims to reward a wide variety of American businesses that engage in qualified research activities per IRS criteria
Eligible biotech & lifesciences R&D activities
Including, but not limited to:
- Development of new or improved pharmaceuticals,
medical devices, or biologics - Reformulating drugs to increase quality (i.e. longer
shelf life, less side effects) - Development and testing of hardware and software
systems used in clinical research - Development of new or improved medical
compounds, biologics, or therapies - Developing new production and manufacturing
processes
Eligible biotech & lifesciences qualified expenses
Including, but not limited to:
Employee Wages
- Lab Technician
- Lab Manager
- Chemist
- Product/Process Engineer
- Quality Assurance
Supplies
- Chemical Compounds
- Ingredients / Formulations
- Testing Materials
Subcontractors
- CROs, Outside testing
Contact
Do you have any questions? Our experts have the answers.
Why choose EPSA USA?
EPSA USA helps companies of all sizes take full advantage of the Research & Development Tax Credit. EPSA’s technical experts follow strict IRS guidelines and identify qualified research expenditures that dictate eligibility.
We work hand-in-hand with our clients to offer tailored solutions to maximize your R&D Tax Credits. Our streamlined process is efficient, fast and guaranteed to optimize your tax benefits.
With 30 offices in 15 countries and over 300 experts in various domains, EPSA possesses precise technical and scientific knowledge spanning all types of industries.
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