SR&ED Tax Credits

SR&ED for Life Sciences & Health Tech

From pre-clinical research to diagnostic tool development, life sciences work frequently qualifies for SR&ED tax credits — including refundable credits that return cash to your business regardless of profitability.

Check If Your Work Qualifies
Eligible Activities

What Qualifies in Life Sciences & Health Tech?

  • Pre-clinical and clinical research involving technological uncertainty about biological, chemical, or device behaviour
  • Medical device design and testing — particularly where performance targets are unknown and must be experimentally determined
  • Diagnostic tool development: novel assays, sensors, imaging systems, or biomarker identification
  • Health informatics and data systems where novel algorithms or architectures are required
  • Drug formulation and delivery mechanisms involving non-standard materials or release profiles
  • Regulatory-driven testing that involves genuine technological uncertainty — not merely confirmatory work
Examples

SR&ED examples in life sciences and health technology

Work that can qualify

  • Developing a new drug or supplement formulation to improve stability where known approaches failed
  • Developing signal processing for a medical device sensor to detect a condition in noisy real-world conditions
  • Developing a new laboratory method or assay when existing methods lacked the sensitivity needed

Work that usually doesn't

  • Routine laboratory testing
  • Preparing regulatory submissions and paperwork
  • Market studies and commercial planning

New to the program? Read what SR&ED is, or see how an SR&ED eligibility assessment settles which of your projects qualify.

Bill C-15 Update

How Bill C-15 (2026) Affects Life Sciences & Health Tech

The expanded phase-out thresholds — from $10M–$50M to $15M–$75M taxable capital — mean more mid-sized life sciences companies retain full access to the enhanced 35% refundable credit as they scale. The new Pre-Claim Approval Process is especially valuable for multi-year clinical projects where advance certainty on eligibility can significantly reduce risk.

Deep Scientific Expertise for Life Sciences Claims

Life sciences SR&ED claims require a level of scientific rigour that goes beyond most consulting firms. For clinical research, medical device, and health tech claims, SoftInventors collaborates with a licensed medical doctor with hands-on clinical research experience. Combined with our former CRA SR&ED Claims Reviewer perspective, your claim is built with both scientific depth and CRA compliance in mind — from day one.

Meet Our Team
Our Advantage

Why a Former CRA SR&ED Claims Reviewer Makes the Difference

Kazem Naderi is a former CRA SR&ED Claims Reviewer who spent years reading claims across industries. He knows how reviewers read a claim and what documentation holds up under questions, so he prepares your work the way a reviewer will assess it. His insight comes from how reviews are conducted, never from confidential information about any company.

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Frequently Asked Questions

Life Sciences & Health Tech SR&ED Questions, Answered