Menu Item

Life Sciences

As established life sciences clusters around the globe become increasingly competitive, Biggins Lacy Shapiro & Co. helps clients identify existing and emerging markets that possess the intellectual, human, physical and financial capital necessary to propel further growth with competitive costs.

Life Sciences

As established life sciences clusters around the globe become increasingly competitive, Biggins Lacy Shapiro & Co. helps clients identify existing and emerging markets that possess the intellectual, human, physical and financial capital necessary to propel further growth with competitive costs.

Industry Overview

The life sciences is a vast and increasingly diverse sector enabled by the rapid acceleration of new biological, chemical, digital and manufacturing technologies and the demand for therapies that not only manage chronic conditions, but also provide opportunities for a cure.  Companies in the biotechnology, pharmaceutical, medical device and testing/diagnostics industries require access to scientific, drug development, engineering, commercial and GMP manufacturing talent; proximity to research centers and innovation ecosystems; the availability of specialized facilities; and the ability to bring new therapies to market swiftly and cost-effectively.

Location Strategy

BLS & Co. helps clients select locations for administrative, research, development and manufacturing facilities, as well as corporate headquarters, and works with companies to obtain economic development incentives. Our services include:

  • SITE SELECTION: We help clients optimize their location choices via deep process expertise, problem solving skills and situational awareness. We employ the most effective analytical tools and databases available to evaluate labor markets, logistics, costs, regulatory environments and other critical location variables.
  • SITE, FACILITY, AND INFRASTRUCTURE DUE DILIGENCE: Our due diligence includes fiber assessments and energy service/cost.
  • LOGISTICS AND SUPPLY CHAIN OPTIMIZATION: BLS & Co. helps manufacturers address issues related to supply chain including transportation cost analysis and comparison, network optimization, evaluation of number and location of plants, supplier identification, waste reuse/disposal opportunities, and other concerns.

Incentives Advisory

We are best known for the breadth and sophistication of our incentives advisory services and have been involved in transactions in almost every state. Through our international partners we are also able to serve clients elsewhere in North and South America as well as Europe and Asia.

OUR INCENTIVES SERVICES INCLUDE:

  • STRUCTURING AND NEGOTIATIONS: We identify all incentives that might be available to a project; evaluate if a company will be able to efficiently use the benefits; and negotiate with public entities to achieve the optimal balance between value and business flexibility for each relevant program. We do so while closely coordinating with our clients’ real estate due diligence, acquisition and disposition process, and by crafting a communications strategy and protocols to protect project confidentiality and ensure a company’s public relations standing.
  • COMPLIANCE AND ADMINISTRATION: Incentives awarded for a project typically involve substantial procedural requirements, necessitating the establishment of monitoring, reporting and compliance systems. We work with clients to provide a post-closing “roadmap” of all reporting and claiming requirements and can manage these compliance activities on an annual cycle over the life of the particular grant or tax credit.
  • TAX CREDIT SALES: We frequently are able to arrange the sale of any unused tax credits when state programs allow such transfers or sales. We provide advice and support in connection with the initial filing and approvals required to issue a tax credit certificate.

Energy Services

Additional Capabilities

Representative Clients

Amylin
Ascension Health
Barr Pharmaceuticals
BlueRock Therapeutics
Bristol-Myers Squibb
Cellectis, Inc.
Eli Lilly
Imclone
Mallinckrodt Pharmaceuticals
Mead Johnson Nutrition
Moffitt Cancer Center
Prescriptions Solutions
Roche
Sana Biotechnology
Spectra East, Inc.
Genentech
Teva
Biogen

Representative Clients

Amylin
Ascension Health
Barr Pharmaceuticals
BlueRock Therapeutics
Bristol-Myers Squibb
Cellectis, Inc.
Eli Lilly
Imclone
Mallinckrodt Pharmaceuticals
Mead Johnson Nutrition
Moffitt Cancer Center
Prescriptions Solutions
Roche
Sana Biotechnology
Spectra East, Inc.
Genentech
Teva
Biogen

Case study

Bristol Myers Squibb

BLS & Co. served as site selection and incentives consultant on two major projects for BMS, including a complex and highly competitive nationwide search for the location of a new $750 million biologics facility.

Case study

Genentech

BLS & Co. serves as location and incentives advisor to biotechnology industry leader Genentech, the South San Francisco-based member of the Roche Group.

Case study

Eli Lilly

BLS & Co. advised global pharmaceutical leader Eli Lilly & Co. on multiple competitive site searches for its new next-generation production facilities both in the U.S. and Europe.

Interested in Learning More?

Contact us today at 609.924.9775 or info@blsstrategies.comto schedule an initial consultation.