Pharmaceutical Manufacturer

A pharmaceutical manufacturer partnered with randd to make their first successful R&D tax credit claim, securing a return above industry average.

The company develops and manufactures high-quality reusable medical garments and incontinence products for adults and children, using durable British-made materials. Their skilled team combines practicality and cost-effectiveness with comfort, design, and sustainability.

R&D efforts focus on material testing, product prototyping, and solving manufacturing challenges that ensure safety and reliability at scale. These activities qualify as R&D under Revenue’s guidelines, enabling the company to reinvest in new formulations and production efficiencies.

“Competitive prices and proportionate regulation are required if the industry is to continue to deliver savings as well as fund the necessary development of more complex medicines, including biosimilars.”