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Life Sciences

Life sciences sector has witnessed exponential growth both in terms of broadening of scope and deepening of capabilities across the industry value

Defining and measuring health outcomes is likely to be the next wave of change and ultimately, the opportunity

Over the past decades, the Indian life sciences sector has witnessed exponential growth both in terms of broadening of scope and deepening of capabilities across the industry value chain. One of the key challenges the sector faces is the need for a strong collaboration between life sciences and healthcare companies not just on products but also on solutions, to help meet the demand-supply mismatch. The need of the hour is for the product-push models to be complemented with service-oriented models that place a high priority on patients’ interests.

KPMG in India is well-positioned to support life sciences companies as they leverage this opportunity, navigate these challenges, and gear up to meet these changes. Our services are tailored to the issues that the industry and your organisation face. Our professionals have extensive experience across the industry and strive to keep abreast with industry trends, drivers and issues through knowledge sharing and industry insights programmes. We have helped several companies with the challenges of product portfolio planning, change management, sales force effectiveness, supply chain transformation, mergers and alliances, due diligences, and post deal integration to name a few.

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How can KPMG in India help?

Our advisory services leverage our deep knowledge in life sciences and our methodologies to manage complex strategic issues such as Mergers and Acquisitions, market entry strategies, new regulatory requirements, people management and growth strategies. Our tax services support pharmaceutical businesses in planning, compliance and reporting of taxes across the spectrum, and our dedicated professionals utilise latest tools and methodologies with their agile perspective to provide constructive inputs.

We are here to enable you to leverage new growth opportunities, enhance your value proposition and help your business to achieve sustained profitability and growth.

 

 

Why select KPMG in India?

Why kpmg in India

Life sciences is a global focus sector for us, and KPMG in India has helped leading life sciences companies to successfully reinvent their strategies. Our team is dedicated to assisting businesses of a wide range of sizes from biotechnology start-ups to large multinational pharmaceutical companies. Our services are tailored to the issues that the industry, and your organisation, experience.

Our industry-focused professionals have deep experience across the life sciences sector and continuously strive to keep abreast of industry trends, drivers and issues through knowledge sharing and industry insights programs. We effectively leverage our vast repertoire of skillsets and expertise, our global network and frameworks and methodologies to deliver differentiated offerings and outcomes. 

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KPMG in India point of view on the Union Budget 2024-25 - Life Sciences

  

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Key Contact

Vijay Chawla

Partner and Chief Operating Officer – Consulting | Head – Life Sciences

KPMG in India