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CASE STUDY

Array Biopharma

How a Pharmaceutical Company Saved $2.9M and Freed Their Business
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Meredith Daviou, Assistant Controller, Array Biopharma

Once we began expansion of clinical trials and contract manufacturing into the international marketplace, it quickly became apparent that we needed help with our foreign tax exposure. We selected the VAT IT Group as our tax partner and so far we have recouped close to $3M in VAT! These refunds have brought tangible cost saving benefits to the company and have helped finance current clinical R&D activities.

Key Achievments

$2,845,650

The total value of refunds thus far

%

Average year-on-year growth on foreign VAT refunds.

The Number of countries VAT IT recovered refunds from.

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To read more about how VAT IT helped Array Biopharma, download the full case study.

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