The Influence of Taxes on Deals in the Biotech and Pharma Industry: A Strategic Perspective for Optimizing Value
Licensing agreements are a fundamental component of the biotechnology and pharmaceutical industries, where biotech innovators often collaborate with large pharma companies to bring new therapies to market. These deals are critical for the development and commercialization of cutting-edge therapies, but one often-overlooked factor that can significantly influence the structure and value of these transactions is the tax regime of both the licensor (often a biotech company) and the licensee (the pharma company).