R&D in pharmaceuticals

R&D in pharmaceuticals

The science and medicine sector is growing exponentially as we search for innovative solutions to new diseases and illnesses. R&D is a hot topic in this space!

Who qualifies for R&D in pharmaceuticals?

Your organisation could operate within any part of the drug development life-cycle, although consideration of contractual arrangements will be key to establishing your eligibility and which scheme can apply for R&D tax credits.

Pharmaceuticals
What types of pharmaceutical projects may qualify for R&D tax credits?What types of pharmaceutical projects may qualify for R&D tax credits?What types of pharmaceutical projects may qualify for R&D tax credits?

Innovations in medical devices have equally transformative outcomes for mankind.

What types of pharmaceutical projects may qualify for R&D tax credits?

Drug discovery

Running candidate compound screening, characterisation processes, DMPK research and onward collaboration to assess efficacy, toxicity and pharmacokinetic information.

Medical research

Seeking out new medicines, medical procedures, medical devices or improvements to those that exist.

Ancillary developments

From carrier products (creams, liquids, lotions, sprays) to packaging components, sterilisation efficacy & stability preservation.

Development life cycles

The creation of bespoke software capabilities or resolving problems with system uncertainty to manage, control and process all aspects of drug development.

What types of pharmaceutical projects may qualify for R&D tax credits?

What will an R&D pharmaceutical team look like?

Scientists and technicians specialising in your discipline. Bespoke IT commissions could feature to support the clinical trials process, which may involve qualifying development work in software.

What might qualifying projects for R&D in pharmaceuticals involve?

  • Experimental testing methodologies
  • Finding out how to predict outcomes of therapeutic agents
  • Developing new compounds to duplicate the effects of patented drugs without infringing patented traits
  • Seeking approaches to incorporate compounds into new formulations that were not previously possible
  • Modelling and simulation of chemical modifications
  • Overcoming issues with absorption
  • Developing models to scale up experimental methodologies

Resources

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Insight

R&D Tax Credits - Qualifying Activities in Software Development

11
min read
Insight

Why work with an R&D tax specialist for your tax credit claim?

6
min read
Case Study

ChurchSuite’s R&D tax credit claim for software development

6
min read
Case Study

Net World Sports demonstrates online retail is deserving of R&D tax credits

6
min read
Case Study

GFPS' work to improve engineering knowledge and capabilities is funded by R&D tax credits

6
min read
Insight

5 areas to claim software development R&D tax credits

7
min read
Case Study

Claiming R&D tax credits in engineering for AMH

7
min read

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