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R&D in Pharmaceutical companies

Industry Spotlight

How might a Pharmaceutical Company qualify for R&D tax relief?

Pharmaceutical companies engaged in research and development (R&D) activity are often at the forefront of developing new drugs, therapies and medical technologies to improve patient outcomes. However, conducting R&D can be a costly and time-consuming process, which is where R&D tax relief comes in.

By identifying eligible R&D activities and claiming tax credits or deductions for related expenses, pharmaceutical companies can reduce their tax liability and increase their cash flow, allowing them to reinvest in further R&D activities.

Here are some examples

R&D can involve leveraging biotechnology and genetic research to develop novel therapies such as

  • Gene therapies
  • Cell-based therapies
  • Monoclonal antibodies.

This can lead to breakthrough treatments for genetic disorders, cancer, autoimmune diseases, and other complex conditions

Pharmaceutical companies invest heavily in the discovery of new drugs. This process involves identifying potential drug targets, developing compounds that can affect those targets, and then testing those compounds for safety and efficacy.

Developing novel, more efficient, cost-effective drug discovery methods could qualify for R&D Tax Relief if it yielded new knowledge.

After a drug has been shown to be effective in clinical trials, the company will work to develop a formulation that is safe and effective for use in patients.

 Pharmaceutical companies invest in R&D to develop efficient and cost-effective manufacturing processes that ensure the highest level of quality control.

R&D efforts can be directed towards studying specific therapeutic areas and diseases to deepen the understanding of underlying mechanisms, identify new treatment approaches and improve patient outcomes.

This includes conducting clinical trials, exploring new drug combinations and investigating personalized medicine approaches.

Doing anything innovative or industry advancing?

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Has your company engaged in this type of activity in the past?

If you believe your pharmaceutical company could benefit from R&D tax relief, please do not hesitate to contact us today.

Our team of experts is here to help you navigate the complexities of research and development tax relief and ensure that you receive the maximum benefit for your innovative work.

Get in touch today to book a FREE discovery call.

R&D Tax Relief

From initial discovery call and information gathering through to claim preparation, supporting documentation and submission. We're your expert partner in R&D tax relief submissions.


For larger companies we can support claim preparations under the RDEC (Research & Development Expenditure Credit) scheme, ensuring robust, defensible and maximised claims .

HMRC Enquiry Support

We'll liaise with HMRC on your behalf, ensuring no unnecessary delays on receiving your claim and no unfair reductions. This service is provided as standard for our clients.

R&D Claim Review

If you're making an R&D tax relief claim, our team can help ensure you're compliant with the latest legislation and identify any potential claim uplift. Speak to our team for more information.

Partner Program

If you work with innovative businesses and you're interested in partnering with us to ensure your clients are maximising their R&D tax relief, speak to our partner program lead.

Accountancy Services

Through BC&A Chartered Accountants, we offer a range of accountancy services including company formations, business planning, taxation and compliance services and more.