Medical Devices
Prototyping & Testing
System Development
Validation & Optimization
R&D in MedTech
MedTech companies frequently invest in the development and improvement of medical devices, diagnostic technologies, healthcare systems and related products to enhance performance, reliability, usability, precision and patient outcomes.
This work can involve significant technical challenges where existing technologies, materials, designs or development approaches cannot readily achieve the required level of functionality, accuracy, safety, integration or performance.
Where these challenges are addressed through systematic experimentation, testing and iterative development, the related MedTech activity and associated expenditure may be eligible for the U.S. R&D Tax Credit.
Areas of Potential Qualifying Activity
Qualifying R&D can arise throughout the design, development, testing and improvement of medical devices, diagnostic technologies and healthcare products. Common areas of potential qualifying activity include:
Development of new or substantially improved medical devices and diagnostic systems.
Design and refinement of mechanical, electrical and electronic components.
Prototype development, testing and performance validation.
Development and evaluation of materials, coatings and biocompatible components.
Integration of sensors, software, electronics and connected technologies.
Improvements to functionality, accuracy, reliability, usability and performance.
Our Role
Our specialist team works with you in accessing, validating and quantifying qualifying activity within your business.
Understand
Our specialist technical team works directly with your staff to understand how innovation takes place across the business.
Identify
We examine the technical challenges encountered, the development work undertaken and the decisions made throughout your projects.
Quantify
We work with your team to connect those activities to the relevant costs.
Substantiate
We prepare clear, robust technical and financial documentation designed to support the Research and Development Tax Credit claim.