Companies developing devices, treatments, or digital health solutions may be eligible for thousands in R&D Tax Relief. Advance health innovation.
Medical & Pharmaceutical is one of the most research-intensive industries, driving breakthroughs in healthcare, technology, and patient outcomes. With high levels of investment in clinical trials, product development, and advanced healthcare technologies, businesses face complex challenges but also significant opportunities to innovate.
R&D Tax Credits can provide vital funding by reducing tax liabilities or delivering cash injections. From pioneering new medical devices and diagnostic tools, to advancing pharmaceutical research, process improvements, and digital health solutions, eligible projects can offset substantial costs – helping businesses accelerate development, boost efficiency, and achieve sustainable growth.
Which activities qualify for R&D Tax Credits in the Medical sector?
Developing new or improved medical devices or diagnostic tools
Conducting pre-clinical and clinical trial testing
Improving manufacturing processes for medical or pharmaceutical products
Researching novel pharmaceutical and therapeutic compounds
Creating innovative digital health solutions or healthcare software
Enhancing safety, efficacy, or regulatory compliance of treatments
Did you know? Under HMRC rules, your company does not need to succeed to qualify. If you have attempted to overcome scientific uncertainty through new medical devices, diagnostic tools, pharmaceutical research, or digital health innovations, you could be eligible for R&D Tax Credits.
This cosmetics manufacturer provides professional-grade products and services for the beauty industry, offering cost-effective solutions such as refill product sizes and sustainable packaging options. After their R&D tax credit claim was subject to an enquiry by HMRC, the company turned…
At randd, our results speak for themselves: we’ve delivered thousands of successful claims, securing hundreds of millions in R&D Tax Relief for our clients.
Our specialist team also offers free, no-obligation health checks on rejected claims, HMRC enquiries, or existing submissions that could have been more rewarding.
Ready to maximise your return? Contact our expert team today and start your R&D Tax Creditsclaim with confidence.
Read more: Cosmetic Manufacturer
