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Ernst &Young >Industries>Biotechnology Overview - Ernst & Young - Israel

Commitment and experience for changing times

More than any other technology, biotechnology has the potential to alter our lives in a positive way. And by achieving this potential, today’s biotech companies are delivering new levels of health, prosperity and sustainability — across the world. But with increasing regulation, growing pricing pressures and competition for acquisitions, you face unprecedented challenges.

 Ernst & Young has been a pioneering presence in the biotechnology industry. We were the first professional services firm to build a practice dedicated to serving your industry. We’ve stayed committed to your business with our leading reports and our knowledgeable professionals. So it’s not surprising that we serve more biotech companies than any other professional services firm — by a wide margin.

 The Ernst & Young Global Biotechnology Center reflects our continuing commitment to biotechnology. It develops our thought leadership and brings you clear insights to address your assurance, tax, transaction and advisory needs. And it networks and educates our biotech professionals from around the world, so they are informed about the emerging issues impacting your business.

The Biotechnology practice in Israel handles Israeli life science companies, both private and public (about two thirds of them engaged in the pharmaceutical industry and the remaining third in biotechnology) and provides them the variety of services required by companies in this field, including services relating to auditing and taxes, support and participation in research and development, approved and beneficiary enterprise programs, accompanying public offerings and international transactions and assistance in locating financing sources. This complete package of services is tailored to the needs of early-stage companies.

The bottom line? You receive a consistent, high-quality, seamless service — wherever you operate — and the help you need to meet your goals.

Lessons from change: the life sciences industry

How can you manage your company through the recession and position yourself for growth? After interviewing thousands of life sciences executives, we identified some overarching themes. From managing risks to improving capital allocation, we reveal the lessons that could mean the difference between surviving and thriving in the new economic environment.

Commitment and experience for changing times

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