SR&ED for the LIFE SCIENCES Industry
THE ARCK ADVANTAGE | SRED CLAIMS THROUGH FORENSIC ANALYSIS
Innovative products, new medical achievements and industry breakthroughs are almost always born from scientific research and experimental development. Most frequently, developments are less radical and add only incremental advancements to existing products and process.
It is often the case that these improvements are disregarded as SR&ED eligible and subsequently goes unclaimed. Life Sciences organizations that are not able to identify these types of qualified activities are missing out on a large portion of their tax credit entitlements. At ARCK, we help life sciences and biotechnology companies uncover, claim and maximize their SR&ED tax credits.
What did you do that was above and beyond standard knowledge within your field?
What was the obstacle that had to be overcome, or what was the concern that couldn’t be solved based on current industry knowledge? In other words, what were the challenges encountered?
(Systematic Investigation)Is the work evident of investigation, experimentation, and/or analysis, by qualified personnel?
Industries that Qualify for SR&ED
- Aeronautics Aerospace
- Automotive Manufacturing
- Chemical Manufacturing
- Food & Beverage
- Furniture Manufacturing
- Paper & Packaging
- Tool and Dye
- Waste Management
What types of Life Sciences Companies do we serve?
Medical equipment and supplies manufacturers
Pharmaceutical and medicine manufacturers
Biological product manufacturers
Biotechnology and life sciences R&D facilities
Electro medical and electro therapeutic apparatus manufacturers
Typical Unclaimed SR&ED Expenditures
Integration of new equipment into a production line
Trial batches with scale-up to production issues
Attempts to remove or reduce harmful ingredients in response to new FDA/Health Canada regulations
Attempts to meet new nutritional objectives while maintaining product taste, smell, colour, texture and/or appearance
efforts to extend product shelf-life
Process or equipment modifications for improved yields
Contact us for a FREE consultation and we will help you determine what's eligible.
Call 1(905)604-6156 or fill out this form below: