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SGS Granted French R&D Tax Credit Recognition

Wokingham, Poitiers and Clichy Labs offer CIR benefit

By: Kristin Brooks

Managing Editor, Contract Pharma

SGS Life Science Services has been granted the French Research Tax Credit recognition (CIR – Crédit Impôt Recherche agrément) for its biologics testing lab in Wokingham (London) from the French Ministry for Higher Education and Research, along with the renewal of this recognition for its two French labs in Poitiers and Clichy. The French Research Tax Credit serves as a tax incentive for innovative companies through which R&D-related expenditures may qualify for a tax credit.
 
The SGS Wokingham lab has received CIR recognition through December 2016 as a subcontractor recognized by the Health Ministry of France. The SGS Wokingham facility, along with affiliate sites in France and Belgium (Wavre), have received a renewal for the same period.
 
“We are pleased that our French clients can now benefit from the “CIR” in a common R&D effort to increase the quality, safety and efficacy of their biologic drugs,” said Dr. Chris Harbach, manager, Chemical Services, SGS M-Scan, Wokingham, UK. “This official recognition and incentive will definitely strengthen the relationship with our French clients to perform preformulation and stability studies, post-translational modifications, protein characterization and biophysical analysis.”

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