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INDUSTRIES

Biotech & Life Sciences

TECHNOLOGY

The development of innovative technology moves at the speed of light. We can help you keep up with the specialized needs of this ever-evolving industry. Discover what we can do for you with our top-level advisory, audit, and tax services designed for technology companies.

CAPABILITIES

OVERVIEW AND EXPERIENCE

BIOTECH & LIFE SCIENCES INDUSTRY ISSUES AND KEY SEGMENTS

Defining biotech

Biotech is a group of disruptive technologies for discovering new medicines, therapies, and ultimately diagnosing and treating patients more effectively. The most basic definition of biotech is the integration of natural science and engineering to achieve the application of organisms and living processes to create products and services to improve quality of life.

Market disruption opens the door

COVID-19 created a new definition for the word “normal” especially for the health care space. Science and technology as applied to global health has faced immense pressure to perform, transform and arm the general public against new complex viruses and other major environmental phenomenon. The impact of the pandemic created a major gap in the market that could be filled by biotech as it looks to avoid falling short in another transformative opportunity.

The pressure to meet patient demands and stay competitive in a rapidly involving sector will require life science, natural science and engineering science organizations to create new processes to navigate a dynamic market. Creating partnerships and forming alliances to pool resources, share data, and new medicines while anticipating new trends and increased regulations.

Significant issues include:

  • High levels of risk related to development and R&D costs with a high fail rate
  • Affordability of biotech solutions
  • Privacy and rights to data
  • Transition to genetically modified foods
  • Societal impact
    • Environmental harm
    • Lab/production safety
    • Ethics
    • Bioterrorism
  • M&A strategies to strengthen the pipeline

Key industry segments we serve:

  • Arthroscopic therapeutics
  • Genomics
  • Medical technology

OUR PROFESSIONALS

JOHN CORNELL

Principal, UHY Advisors
Long Island, New York

JOHN CORNELL

Principal, UHY Advisors

ERIC RIBACHONEK

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

ERIC RIBACHONEK

Partner, UHY LLP
Managing Director, UHY Advisors

MICHAEL MAHONEY

Northeast Regional Managing Director, UHY Advisors
New York, New York

MICHAEL MAHONEY

Northeast Regional Managing Director, UHY Advisors

JERRY GRADY

Partner, UHY LLP
Managing Director, UHY Advisors
Ann Arbor, MI

JERRY GRADY

Partner, UHY LLP
Managing Director, UHY Advisors

PATRICK WOJCINSKI

Principal, UHY LLP
Ann Arbor, Michigan

PATRICK WOJCINSKI

Principal, UHY LLP

GREGORY PEARSON

Principal, UHY Advisors
St. Louis, Missouri

GREGORY PEARSON

Principal, UHY Advisors

WILLIAM KINGSLEY

Partner, UHY LLP
Managing Director, UHY Advisors
Detroit, Michigan

WILLIAM KINGSLEY

Partner, UHY LLP
Managing Director, UHY Advisors

PATRICK FARRELLY

Partner, UHY LLP
Managing Director, UHY Advisors
Albany, New York

PATRICK FARRELLY

Partner, UHY LLP
Managing Director, UHY Advisors

NELLY GIZDOVA

Principal, UHY LLP
Columbia, Maryland

NELLY GIZDOVA

Principal, UHY LLP

AMY BLOOM

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

AMY BLOOM

Partner, UHY LLP
Managing Director, UHY Advisors

CHUCK SOCKETT

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

CHUCK SOCKETT

Partner, UHY LLP
Managing Director, UHY Advisors

PAUL TRUBER

Managing Director, UHY Advisors
Partner, UHY LLP
St. Louis, Missouri

PAUL TRUBER

Managing Director, UHY Advisors
Partner, UHY LLP

SCOTT VENTLINE

Principal, UHY LLP
Detroit, Michigan

SCOTT VENTLINE

Principal, UHY LLP

KYLE WOIWOOD

Partner, UHY LLP
Managing Director, UHY Advisors
Ames, Iowa

KYLE WOIWOOD

Partner, UHY LLP
Managing Director, UHY Advisors

SCOTT NORRIS

Partner, UHY LLP
Managing Director, UHY Advisors
Long Island, New York

SCOTT NORRIS

Partner, UHY LLP
Managing Director, UHY Advisors

MARK WITTE

Partner, UHY LLP
Managing Director, UHY Advisors
Albany, New York

MARK WITTE

Partner, UHY LLP
Managing Director, UHY Advisors

MICHAEL BURKE

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

MICHAEL BURKE

Partner, UHY LLP
Managing Director, UHY Advisors

JD GENESER

Partner, UHY LLP
Managing Director, UHY Advisors
Des Moines, Iowa

JD GENESER

Partner, UHY LLP
Managing Director, UHY Advisors

BOB SCHROELL

Partner, UHY LLP
Managing Director, UHY Advisors
St. Louis, Missouri

BOB SCHROELL

Partner, UHY LLP
Managing Director, UHY Advisors

COREY MASSELLA

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

COREY MASSELLA

Partner, UHY LLP
Managing Director, UHY Advisors

MARC LICHTMAN

Director of SEC and PCAOB Matters, UHY LLP
Farmington Hills, Michigan

MARC LICHTMAN

Director of SEC and PCAOB Matters, UHY LLP

ERIK BONSTROM

Partner, UHY LLP
Managing Director, UHY Advisors
Des Moines, Iowa

ERIK BONSTROM

Partner, UHY LLP
Managing Director, UHY Advisors

MICHAEL TRETTIN

Partner, UHY LLP
Managing Director, UHY Advisors
Des Moines, Iowa

MICHAEL TRETTIN

Partner, UHY LLP
Managing Director, UHY Advisors

THOMAS BOWEN

Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan

THOMAS BOWEN

Partner, UHY LLP
Managing Director, UHY Advisors

MICHAEL LIPSCHULTZ

Partner, UHY LLP
Managing Director, UHY Advisors
Albany, New York

MICHAEL LIPSCHULTZ

Partner, UHY LLP
Managing Director, UHY Advisors

ZACH GATES

Principal, UHY Advisors
Des Moines, Iowa

ZACH GATES

Principal, UHY Advisors

ALI BAYDOUN

Principal, UHY Advisors
Farmington Hills, Michigan

ALI BAYDOUN

Principal, UHY Advisors

CHUCK NORMAN

Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan

CHUCK NORMAN

Partner, UHY LLP
Managing Director, UHY Advisors

DAN BRUCE

UHY Consulting
Sterling Heights, Michigan

DAN BRUCE

UHY Consulting

NICK CHAMBERS

Director of Private Equity Services, UHY LLP
St. Louis, Missouri

NICK CHAMBERS

Director of Private Equity Services, UHY LLP

PAUL JUFFER

Partner, UHY LLP
Managing Director, UHY Advisors
Des Moines, Iowa

PAUL JUFFER

Partner, UHY LLP
Managing Director, UHY Advisors

MELANIE CHEN

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

MELANIE CHEN

Partner, UHY LLP
Managing Director, UHY Advisors

ERIC HENNESSEY

Partner, UHY LLP
Managing Director, UHY Advisors
Albany, New York

ERIC HENNESSEY

Partner, UHY LLP
Managing Director, UHY Advisors

DAVE HOVE

Partner, UHY LLP
Managing Director, UHY Advisors
Des Moines, Iowa

DAVE HOVE

Partner, UHY LLP
Managing Director, UHY Advisors

MARIAN SHAW

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

MARIAN SHAW

Partner, UHY LLP
Managing Director, UHY Advisors

GREGORY MCEVOY

Principal, UHY LLP
Farmington Hills, Michigan

GREGORY MCEVOY

Principal, UHY LLP

PAUL YODER

Director of State and Local Tax, UHY Advisors
Houston, Texas

PAUL YODER

Director of State and Local Tax, UHY Advisors

VENUS WU

Principal, UHY LLP
New York, New York

VENUS WU

Principal, UHY LLP

NICK THEOS

Principal, UHY LLP
Long Island, New York

NICK THEOS

Principal, UHY LLP

CRYSTAL LI

Partner, UHY LLP
Managing Director, UHY Advisors
Orange County, California

CRYSTAL LI

Partner, UHY LLP
Managing Director, UHY Advisors

ALISON DUNLEAVY

Principal, UHY Advisors
Farmington Hills, Michigan

ALISON DUNLEAVY

Principal, UHY Advisors

STEPHEN F. WOLF

Office Managing Partner, Columbia, UHY LLP
Managing Director, UHY Advisors
Columbia, Maryland

STEPHEN F. WOLF

Office Managing Partner, Columbia, UHY LLP
Managing Director, UHY Advisors

DANIEL JONES

Partner, UHY LLP
Managing Director, UHY Advisors
Long Island, New York

DANIEL JONES

Partner, UHY LLP
Managing Director, UHY Advisors

JEANINE MARINO

Partner, UHY LLP
Managing Director, UHY Advisors
Long Island, New York

JEANINE MARINO

Partner, UHY LLP
Managing Director, UHY Advisors

MEHMET SENGULEN

Office Managing Partner, Long Island, UHY LLP
Managing Director, UHY Advisors
Long Island, New York

MEHMET SENGULEN

Office Managing Partner, Long Island, UHY LLP
Managing Director, UHY Advisors

PATRICK STARK

Partner, UHY LLP
Managing Director, UHY Advisors
St. Louis, Missouri

PATRICK STARK

Partner, UHY LLP
Managing Director, UHY Advisors

MAUREEN DOCKSTADER

Partner, UHY LLP
Managing Director, UHY Advisors
Ames, Iowa

MAUREEN DOCKSTADER

Partner, UHY LLP
Managing Director, UHY Advisors

ADDITIONAL CAPABILITIES

Audit & Assurance

Our audit and assurance services help you get to know your business even better and on every level. We work with you to help you meet assurance demands. Our audits provide essential insights into the current state of your business and help you to envision and plan a stronger future for your organization.

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Tax

Tax laws can be complicated, but we understand them inside and out. Business or personal, our substantial industry experience and invaluable insights to empower you to take control of your taxes. Trust us to ensure you’ll never pay more than your fair share of taxes when you work with us.

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Consulting

Our consultants collaborate with you to develop and execute specialized solutions uniquely tailored to your unique situation,through our specialized consulting services, we help you optimize profitability and growth, improve workflow and processes, identify and implement technologies, manage risk and compliance, and more.

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Advisory

Our specialty-trained team of advisors work with clients to ensure success in various business needs, including Transaction Services, Corporate Finance, Client Accounting Advisory Services, and International Business Services. We work with you every step of the day to ensure your company is receiving and utilizing to best information and tools to achieve success.

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