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INDUSTRY EXPERTISE

Pharmaceutical & Biotech

We support licensing deals, IP, transfer pricing and compliance across the full drug lifecycle, tailoring structures to reflect R&D, manufacturing and commercial activities.

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From drug discovery and clinical development to licensing, manufacturing and commercialization, we support pharmaceutical and biotech businesses with cross-border tax, accounting, regulatory and structuring matters.

Industry Overview

Pharmaceutical and biotech businesses operate across a long and capital-intensive development cycle, from early-stage research and clinical development to regulatory approval, manufacturing and commercialization. Each stage may involve different entities, jurisdictions and counterparties.

International groups frequently rely on licensing and collaboration agreements, under which upfront payments, milestone payments and royalties may be exchanged between related and unrelated parties. The characterization of these payments, the ownership of the underlying intellectual property and the applicable withholding tax treatment can have significant tax and cash-flow implications.

Manufacturing and supply arrangements add further complexity. Active pharmaceutical ingredients, intermediates and finished products may be sourced, produced and distributed through contract manufacturers and local partners across several markets, raising customs, VAT, transfer pricing and regulatory considerations.

For biotech companies in particular, financing rounds, investor structures and cross-border expansion often need to be considered alongside tax and accounting requirements, so that corporate structures remain scalable as the business matures.

How PHC Advisory Can Help

We support pharmaceutical and biotech businesses with:

  • Licensing and collaboration agreement analysis
  • Upfront, milestone and royalty payment structuring
  • Withholding tax and treaty analysis
  • IP ownership and technology transfer structures
  • Transfer pricing for R&D, contract manufacturing and distribution
  • Customs, import and export compliance for ingredients and finished products
  • R&D and innovation incentive analysis
  • Market-entry and entity structuring
  • Cross-border investment and financing structures
  • Tax and financial due diligence
  • Tax and accounting compliance

We help clients coordinate tax, accounting and compliance considerations across the product lifecycle, supporting structures that reflect how pharmaceutical and biotech businesses actually develop, manufacture and commercialize their products.

Who We Serve

  • Entity establishment, and restructuring
  • Plant relocation and business reorganization
  • Cross-border tax and regulatory coordination
  • Ongoing tax and accounting compliance
  • Intra-group financing
  • Enterprise valuations

Talk to our Industry
Specialists

Let’s discuss your business
requirements.

Our teams combine sector knowledge with local market experience to develop practical solutions aligned with each client’s international operations.

Whether you are entering a new market, restructuring an existing business, managing a cross-border transaction or looking for ongoing tax, accounting and compliance support, PHC Advisory can help you assess the relevant considerations and identify an appropriate way forward.

Contact PHC Advisory to discuss your business requirements.

Let’s discuss your business requirements.

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