Over three years, a London-based pharmaceutical company have been awarded £258K in R&D Tax Credits with the latest claim of £91K. The company specialise in medical research and bringing to market new methods of administering drugs or supplements.
A highly skilled workforce carry out substantial levels of research which involve trials, prototypes and problem solving. Research and development is vital for meeting tight regulations set by external bodies such as the FDA (Food & Drug Administration). R&D is an essential part of the company’s infrastructure and qualifying activities were easily recognisable by randd uk for R&D Tax Credits.