In an industry as constantly and rapidly changing as that of biotechnology, staying abreast of the accounting and tax issues particular to your company can be all-encompassing. BPM’s BioTech Industry team is committed to providing diagnostic, therapeutic, and medical device companies with the professional services to thrive in today’s unique and volatile business climate.

Using an integrated approach, we assist public and private biotech companies through every phase of their business development. We share insights on trends and risks in the industry with international affiliate firms and are able to provide seamless service to global companies. Each engagement is carefully reviewed, and all anticipated fees are assessed and documented.

We assist companies in dealing with financial issues that include:

• Revenue recognition and the many pronouncements that affect the industry (FASB 48, SOP 97-2, SAB 104)
• Cost/expense accounting (FASB 86, SOP 98-1, EITF 00-2)
• Stock option accounting
• Transfer pricing tax strategies
• Inventory valuation/obsolescence
• Start-up services for new businesses
• Tax planning and compliance

Our Life Science clients say…
“Our team at BPM does a great job coordinating their tax and accounting services. They provide us with an efficient, comprehensive solution.” – Dan Browne, CEO, Revance Therapeutics

“We saw a difference in turnaround time and service levels immediately after switching to BPM. The engagement team was able to pull resources together quickly, complete their fieldwork timely, and provide constructive comments to our management on time.” – Murray Phimiester, CFO, Mendel Biotech

Please contact Scott Taylor at (650) 855-6882 or staylor@bpmcpa.com