Life Sciences and Biotech

CDL understands how to bridge the gap between Business and Science. Our dedicated team of professionals is experienced in providing audit, accounting, and tax services to the life sciences and biotech industry. We have spent years helping to guide these companies through the maze of accounting pronouncements affecting their fund raising efforts, federal and state grants, and outsourced R&D and collaboration arrangements, including such issues as:

• Accounting for R&D costs
• Milestone payments
• Accounting for patents, goodwill, and intangibles
• Capitalization and impairments
• Purchase price allocations
• Federal and state single audit reporting

We have experience working with start-ups as well as established life sciences companies. Whether you are an emerging company seeking venture capital to fund research or collaboration to commercialize a product or an established organization looking to improve or expand operations, you can count on our insight and experience to help you find the approaches to achieving your financial, operational, and strategic objectives.