Newburg & Company, LLP has extensive experience working with biotech companies throughout Boston and the New England Area. Since 1984, our Biotech CPA’s in Boston MA have been a resource for life sciences and biotech companies as we have expertise in areas such as grant agency reporting, process management, assistance with raising private equity and other financing needs, business plan set-up, and cash flow management.
Our CPA firm can work with your biotech company in setting up the accounting and grant reporting processes that will be able to grow with your company. We can help implement biotech industry-specific best practices to guide your company and will work closely with you to ensure that your business achieves success. With our CPA firm’s knowledge and experience in the biotech industry, our goal is to help increase your company’s profitability and foster long-term growth. We also work with patent attorneys and various government agencies to streamline the grant accounting and reporting process allowing biotech companies to concentrate on their core business.
Specialized Biotech CPA’s serving Boston, MA
Your biotech company needs a CPA firm specializing in the life sciences and biotech industry that can understand industry terminology and will know of the specific compliance requirements and regulations surrounding biotech accounting and reporting.
Biotech Granting Agency Reporting
Our CPA firm works closely with government agencies to assist biotech companies with various aspects in relation to SBIR and other grants. The Small Business Innovation Research (SBIR) program is a set-aside program (2.5% of an agency’s extramural budget) for domestic small business concerns to engage in Research and Development (R&D) that has the potential for commercialization.
Biotechnology Industry Benchmarking
As an added value, our Biotech CPA’s in the Boston, MA area provide quarterly industry reports in over 300 industries, including the biotechnology sector. We can benchmark your biotechnology business against hundreds of similar size companies. These industry-specific reports will give you insights about your biotech business, and you’ll be able to compare your financial numbers against other companies in the biotech industry.