Our Experience

Drive and creativity have made the Life Sciences industry a global force for innovation and advancement. It is that same passion for excellence that drives The Power of More here at Gray, Gray & Gray, as we strive to support and energize our clients in the Life Sciences field toward sustainable growth and profitability.

The Power of More we deliver for our clients generates and enables more solutions, more opportunities, and more progress based on financial and business strategies that are specifically tailored to the unique needs of a constantly changing and evolving industry.

Championing the business of science is our specialty. By bridging the gap between science and business we help clients to thrive in a field in which lengthy research and development cycles, government oversight, and investor scrutiny can place steep demands on delivery of value.

We work with clients at all stages, from start-ups to emerging businesses to established leaders, providing the necessary services and resources at every critical juncture. The professionals in our Life Science Practice Group have in-depth experience and technical knowledge that incorporates finance, management, licensing, strategic alliances, mergers & acquisitions, government grant reporting, accounting and taxation issues on a federal, state and global scale. We are able to anticipate and respond to any need that arises.

Our clients include innovators and groundbreakers in biotech, diagnostics, therapeutics, pharmaceuticals, laboratories, and medical devices and technology.

Whichever stage your business is in, it is important to exercise control over strategic development and the financial resources that support growth. Financial controls are especially critical for Life Sciences companies that rely on venture capital to get started, require additional funding to grow, and seek financial stability once successfully established.

Our knowledge of the Life Sciences industry and its relationship to investors, lenders and government authorities gives us the ability to design and implement more robust and scalable financial reporting and monitoring systems. More control over your financial position results in more control over sustainable growth and stability.

We serve as an important resource in helping Life Sciences companies at all growth stages create and implement a business plan that includes strategic planning and the implementation of processes and procedures to achieve desired goals. Through intentional planning and strategic initiatives, and a wide range of resources and consulting services, we help our Life Sciences companies create their own path to success and prosperity.

Our Services

Our deep and talented pool of consulting, accounting and tax professionals provides a broad scope of services to support growth and success for Life Science companies:

  • Structuring business plans
  • Determining beneficial entity structures
  • Development of internal financial controls systems
  • Tax and accounting services that are focused on a long-term business strategy, whether the goal is an IPO or acquisition
  • Overhead and government audits
  • R&D tax credit identification and support
  • State and local tax guidance
  • Preparation of audited or reviewed financial statements for equity investment and banking requirements
  • Audit of benefit plans, including 401(k) and ESOP plans
  • Consulting with company executives on personal financial, investment and tax planning
  • ASC 740 (formerly FASB 109) services
  • Support and due diligence for merger and acquisition activities

For an assessment of your current needs and to learn more about the many ways we can support you in achieving successful growth, please contact us at (781) 407-0300.

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