Medical Laboratories

Medical Labs are the unsung heroes of the medical world! While not getting the same fanfare as drug development, their contribution to medical diagnosis and treatment cannot be under-estimated. 

Behind every major break-through in the medical world is a broad network of supporting labs and businesses of vital importance to developing healthcare and supporting the frontline.  

Blood tests, swab analysis and testing of new drugs are all examples of routine work. With new techniques and practices consistently being developed, medical interventions can be made that much earlier and effectively. This improvement and adaptation is as much part of medical R&D as the development of drugs themselves. 

Qualifying Activities

There are many qualifying activities in the Medical Industry, however many are often overlooked, as they seem so routine, for example:  

  • Increasing the speed and sensitivity of medical tests of all descriptions 
  • Decreasing or eliminating altogether false positive and false negatives to test 
  • Development of new tests, particularly where they break entirely new scientific ground 
  • Development of new scientific or medical equipment, which are able to advance processes 
  • Improving tests to make them less traumatic or invasive for the patient, for example by requiring less blood 

Typical Claim

R&D carried out by medical labs can vary massively in its scope and nature meaning that claims can vary in size from around £5K to many millions of pounds. 

What our clients have to say

It was a pleasure working with the guys at Bonham & Brook, especially considering that, with the wealth of knowledge backed up with the expertise of an ex HMRC officer, we had confidence going ahead with a claim for the first time. After successfully receiving a substantial refund, we would not hesitate doing another claim and, it goes without saying, Bonham & Brook will be our preferred partners going forward. Thank you, again.

Chris Strik

Managing Director

We worked with the team at Bonham & Brook on the R&D claim that we were unaware of. To our surprise they made the whole process seamless and we received our refund from HMRC. We will definitely be using B&B again for our R&D claim to help us grow our business.

Chetan Patel

Director

At first I believed that R&D tax credits were a little too good to be true or that my company would not be applicable. Jenson, Hannad and the team's expertise and experience reassured and guided me through the process. I had to put in approx. 1 - 2 hours work and they did the rest of the application. The first time we worked together they were able to claim for the previous 2 years, so we received a bumper double rebate. This money has helped us grow the business by having the cash to grow the team and increase our marketing budget. My business has grown thanks to their work, so I am eternally grateful.

Ryan James

Managing & Creative Director

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