Life Sciences

The need for alignment to achieve health outcomes for all

As populations age and chronic diseases become commonplace, health care will take an ever larger share of GDP. Scientific progress, augmented intelligence and a more empowered patient are driving changes in the delivery of health care to a personalized experience that demands health outcomes as the core metric. This is causing a power shift among traditional stakeholder groups, with new entrants (often not driven by profit) disrupting incumbents.

Innovation, productivity and access to patients remain the industry’s biggest challenges. These trends challenge the capital strategy of every link in the life sciences value chain, from R&D and product supply to product launch and patient-centric operating models.

Our Global Life Sciences Sector brings together a worldwide network of 11,000 sector-focused professionals to anticipate trends, identify their implications and help our clients create competitive advantage. We can help you navigate your way forward and achieve sustainable success in the new health-outcomes-driven ecosystem.

EY's top five Knowledge Development Box (KDB) considerations for Life Science companies

The KDB is aimed at incentivising innovative R&D activities by taxing qualifying profits from patented inventions and copyrighted software at 6.25%. This following infographic showcases the 5 key areas Life Sciences companies should consider in accessing the benefits of KDB.  

For more details, read EY’s KDB for Life Sciences report.

EY's top five Knowledge Development Box (KDB) considerations for Life Science companies




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    EY - Aidan Meagher

    Aidan Meagher
    Partner
    Head of Life Sciences
    Tax Services
     +353 (1) 221 1139
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    EY - Graham Reid

    Graham Reid
    Partner
    Corporate Finance
    Head of Transaction Advisory Services
     +353 1 221 1449
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    EY - Feargal De Freine

    Feargal De Freine
    Assurance Partner
     +353 1 221 1636
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