Our Sectors

Life sciences and healthcare

Accountancy and advisory services for life sciences and healthcare businesses

The life sciences and healthcare sector is marked by rapid advancements, stringent regulations, and significant financial demands. Whether you’re a start-up, a university spin-off, or an established international group, navigating these complexities requires specialised expertise. At Kreston Global, we understand the unique challenges you face—from securing funding to managing long-term growth. Our dedicated teams partner with you at every stage of your business journey, providing tailored financial and advisory services that help you innovate, comply, and thrive in this dynamic industry.

Fundraising (grant, equity or loans) for life sciences and healthcare

Securing funding is critical in the life sciences and healthcare sectors, whether through grants, equity financing, or loans. Our team provides tailored advice to help you navigate the complex funding landscape, ensuring you obtain the necessary capital to drive innovation and growth.

Growth and exit planning

Strategic growth and exit planning are vital for maximising the value of your business. We offer expert guidance to help you plan for expansion or prepare for a successful exit, considering the unique challenges and opportunities within the life sciences and healthcare industries.

Business and cash flow forecasting

Accurate forecasting is essential for maintaining financial stability in a sector known for its long development cycles and high capital needs. We provide customised forecasting services to help you manage cash flow effectively and plan for future growth.

Tax and VAT planning and compliance

Navigating the complex tax landscape is crucial for life sciences and healthcare companies. Our tax specialists offer comprehensive planning and compliance services, ensuring you meet all regulatory requirements while optimising your tax position.

Research & development tax credits

Maximising R&D tax credits can provide significant financial relief for companies investing in innovation. We help you identify eligible activities and ensure you claim all the credits you are entitled to, boosting your R&D budget.

Patent box tax reliefs

Patent Box tax reliefs offer substantial savings for companies generating income from patented inventions. We guide you through the process of claiming these reliefs, helping to enhance your profitability while fostering innovation.

Audit and assurance services

Reliable audit and assurance services are essential for maintaining investor confidence and meeting regulatory standards. Our team delivers thorough and sector-specific audits that provide stakeholders with the assurance they need.

Employee share schemes

Attracting and retaining top talent is crucial in the life sciences and healthcare sectors. We design and implement employee share schemes that align with your business goals, helping to incentivise your workforce effectively.

Outsourced accountancy, bookkeeping and payroll services

Outsourcing financial functions can free up valuable resources and ensure compliance with industry standards. We offer comprehensive accountancy, bookkeeping, and payroll services, tailored to meet the specific needs of life sciences and healthcare companies.

Return audits: MHRA

Compliance with MHRA regulations is non-negotiable for companies in the healthcare sector. Our return audit services ensure your operations meet all necessary standards, helping to avoid costly penalties and ensure patient safety.

Cross-border compliance

Operating across borders presents unique regulatory challenges. We provide expert advice on cross-border compliance, ensuring your business adheres to the varying regulations in each market while minimising risk.

Trade financing: import loans, letters of credit and trading credit

Effective trade financing solutions are vital for managing the import and export of goods in the healthcare and life sciences sectors. We assist in securing import loans, letters of credit, and trading credit to support your global operations.

Product liability: regulatory non-compliance

Product liability is a significant risk in the life sciences and healthcare sectors, especially concerning regulatory non-compliance. We offer expert advice to help you manage this risk, ensuring your products meet all necessary standards.

Joint venture and alliance: advice on avoiding and resolving disputes

Collaborations in life sciences and healthcare often involve complex joint ventures and alliances. Our advisory services help you avoid and resolve disputes, ensuring these partnerships contribute positively to your business objectives. 

We not only advise the sector but have become a part of it through our members firms’ work in life science networks which support the growth of stakeholders. 

Life sciences and healthcare sector group 

Kreston has worked with life science and healthcare organisations for many years to create a comprehensive set of services to match their specific needs. They include business, financial and risk-management services to clients in many industry segments, including, biotechnology, medical devices, life sciences and pharmaceuticals.

Our specialist teams work with start-ups and university spin-offs and those in CROs and international groups. The business life cycle in the sector is often long-term, and that is how we approach our partnerships with management teams, based on commitment and earning trust.

Many firms in the Kreston Global Network are home to healthcare management consultants. This, along with our in-depth understanding of the market, has helped us to build long-lasting relationships with clients.

Client success stories

Agriculture company

Agriculture and food production, Western Europe

Kreston Lentink provided a valuation for an agriculture dairy company, facilitating internal share transfers and future growth planning.

PEMCF

Qmx Laboratories, PEMCF, United Kingdom

Qmx Laboratories Ltd (Qmx) enlisted PEM Corporate Finance (PEMCF) to provide specialist transaction guidance to its shareholders throughout the sale […]

San vet

SAN Group, Mexico City, Mexico 

With ambitions to expand into Mexico, SAN Group chose the guidance of Kreston FLS for both their local expertise and global insight.