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Deloitte Releases 12th Annual Life Sciences Industry Accounting Guide
Report provides comprehensive look at financial and accounting issues faced by life sciences industry.
On Mar. 16 Deloitte released its 12th annual Life Sciences Industry Accounting Guide. The report provides a comprehensive look at some of the complex issues that finance and accounting professionals in the life sciences industry face including R&D costs, acquisitions and divestitures, consolidation, contingencies, revenue recognition, income taxes, financial instruments, and financial statement presentation and disclosure.
Some of the main themes from this year’s edition include:
- COVID-19-Related Accounting and Financial Reporting Considerations for Life Sciences Entities
- IPOs and SPACs
- Revenue Recognition
- Structured Trade Payable Arrangement
For additional information and the full report, click here.
Roche Inks Deal to Acquire Poseida Therapeutics
December 2nd 2024Under terms of the deal, Roche will gain access to Poseida’s pipeline, including P-BCMA-ALLO1, an allogeneic CAR T-cell therapy for multiple myeloma, and P-CD19CD20-ALLO1, a dual CAR T-cell therapy in early trials for B-cell malignancies and autoimmune diseases.
