Life Sciences companies: Leveraging Financial Incentives to Support Your Sector

Life Sciences Companies

Leveraging Financial Incentives to Support Your Sector

Focusing on enhancing the health and well-being of Canadians and people globally, Canada’s biotechnology, medical technology, and pharmaceutical industries present significant opportunities for innovation.

Industries in the Life Sciences Sector

Biotechnology

Developing technologies in cell therapy, gene therapy, and biologics to treat life-threatening diseases.

Medical Technology

Leveraging technology and innovation to create medical devices, equipment, and procedures that enhance patient care and outcomes.

Pharmaceutical Industry

Formulating and producing therapeutics for the treatment of various diseases and medical conditions.

Service Providers

Offering pre-clinical, clinical, manufacturing, or analytical services to life sciences companies.

Overview

What is the Life Sciences Sector ?

The life sciences sector, which includes biotech, medtech, and pharma industries, represents billions of dollars in investments. These industries are leaders in innovation, continuously advancing science and technology. Financial incentives tailored for this sector include SR&ED tax credits, various grants, as well as sales tax and property tax recovery, all designed to support R&D, innovation, and growth.

SR&ED Eligibility in Life Sciences

Target identification

Lead optimization

Genetic engineering

Formulations & development

In vitro & in vivo studies

Clinical trials

Manufacturing process development

Software development

New diagnostic technologies

They Trust Us

"We are extremely pleased with the support we received from the team at SRA. Their expertise in navigating SR&ED claims for our life sciences project was invaluable. They guided us through every step of the process, ensuring that our research and development efforts were fully recognized, helping us secure the funding we needed to drive innovation."

Dr. Emily Johnson

Director of R&D, BioTech Solutions

Explore additional solutions

For Your Life Science Project

Sales Tax Recovery

An efficient methodology for fast recovery and identifying compliance issues, helping improve cash flow.

Government Grants

Funding programs for small to medium-sized businesses looking to seize innovation opportunities.

Property Tax & Valuation

Thorough analysis and valuation of your real estate assets are essential for business growth and cash flow improvement.

Cutting-Edge Tools at Your Service

We provide innovative resources such as custom calculators and tools, helping you efficiently maximize your claims and financial opportunities.

Ready to Empower Your Future ?

Get a free consultation with our Life Science Experts

Latest News

Read the Latest Insights In Life Science

Life Sciences

The Future of Medical Technology: Advancements That Will Change Patient Care

Medical technology is advancing at a rapid pace, with new innovations continuously

February 4, 2025 No Comments

Life Sciences

How SR&ED Benefits Life Sciences Companies in Research and Development

The SR&ED (Scientific Research and Experimental Development) program is a powerful tool

February 4, 2025 No Comments

Life Sciences

Innovations in Biotechnology: Shaping the Future of Healthcare

Biotechnology is a driving force behind many of the most groundbreaking advancements

February 4, 2025 No Comments

Solutions for Importers

With Canada wide operations, SRA Canada provides specialized consulting services across multiple industries, helping businesses secure the financial incentives they deserve.