Life Sciences Industry

Pharmaceutical Manufacturers

In the face of growing cost and margin pressures, added regulatory requirements and increasingly complex supply chains, pharmaceutical manufacturers have no room for inefficiency.

Our Approach

Maximize Efficiency and Streamline Operations

We have the practical expertise to serve the industry’s needs. We help pharmaceutical companies at all growth stages maximize efficiency, streamline their operations and tighten their supply chains, so they can meet the market’s challenges and grow their businesses.

Audit

We can organize an efficient and cost-effective audit or review, ensuring that financial statements display accurate and meaningful results. Our services include:

  • Financial statement audits and reviews
  • Agreed-upon procedures
  • Equity accounting
  • Technical accounting guidance
  • SEC filings and disclosures
  • IFRS adoption/transition
  • Transfer pricing
  • SOX 404 compliance
  • Internal control evaluations for minimizing risk
  • Automation of revenue recognition
  • Internal project tracking for R&D
  • Enabling customer entitlement and product warranty/maintenance tracking
  • Automation of order-to-cash processes
  • Process re-engineering
  • Best practices for policies and procedures

Audit Services →


Tax

Our tax experts help pharmaceutical companies handle complex tax issues in the United States and abroad. Our services include:

  • Tax provision consulting/FIN 48
  • International tax and transfer pricing
  • Tax compliance
  • State and local tax
  • Loan staffing
  • Stock option accounting (123R) and complex tax data analysis
  • Tax process design
  • R&D credit studies, implementations, reviews and updates
  • IRS audit support
  • Net operating loss limitation analysis (Section 382)
  • Mergers and acquisitions
  • Expatriate tax services
  • Intellectual property (IP) offshore planning for tax minimization

Tax Services →


Consulting

Life sciences companies in the medical device, pharmaceutical and biotech industries are focused on reducing the time to market. Armanino supports life sciences companies by providing recommendations for business process streamlining through our business solution and strategic consulting services. We recommend best of breed, unified ERP, CRM, budgeting and forecasting, equity management and business intelligence solutions that drive innovation through clear, integrated views of information from disparate data sources. Learn more about Armanino’s life sciences industry consulting expertise.


Resources
Modernizing Life Sciences for AI, Compliance and Growth
Article
Modern ERPs help life sciences firms achieve compliance, improve traceability and support AI-driven operations.

May 13, 2026
Business Valuation — Option Pricing Method for Equity Allocation
White Paper
A CFO’s guide to help their board understand why & when valuation is important and how the Option Pricing Method works.

July 09, 2025
Quiz: How Healthy Is Your Patient Services Ecosystem?
Checklist
Take a fresh look at your vendor contracts to safeguard compliance and patient outcomes and uncover savings.

March 19, 2024
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See how we pair deep industry expertise with proven AI solutions to help your business move faster, see further and build what’s next.