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INFLECTION POINT: OPPORTUNISTIC PHARMACEUTICAL COMPANY CHOOSES MASSACHUSETTS FOR NORTH AMERICAN HEADQUARTERS

Spanish Pharmaceutical firm lays stakes in Cambridge

Client Profile

World leader in clinical stage biopharmaceuticals, leader in epigenetics

Business Challenge

With a newly appointed CFO, the client needed help establishing new finance and operations for Massachusetts-based location. Challenges include: finance, accounting, regulatory compliance and tax.

Project Overview

  • Before the client can go public and file for an IPO, they needed to get the office up and running in MA. LABUR introduced them to our consultant who has proven expertise in early stage accounting, finance, regulatory compliance and operations to take this one person office to the next level.
  • The client CFO, and the only U.S.-based employee, needed the support of LABUR while tackling other, equally as important projects: raising money, recruiting high level bio pharma talent, meeting with partners and managing global reaching initiatives.
  • LABUR will continue to layer in consultants for varying levels of work as the firm expands—including but not limited to IT implementations and services, technical accounting and management consulting.

Delivered Results

LABUR built a framework and timeline in conjunction with the client’s CFO, CEO and European Controller, allowing for cohesive international financial operations and business reporting back to the global team based in Europe.