Dr Susan Boyd, of CompChem Solutions & IOTA Pharmaceuticals Ltd, has received CIR accreditation for a three-year period from the French Ministry of Higher Education and Research. The French R&D tax credit initiative (“Crédit d’Impôt Recherche”, CIR) gives eligible research-based French companies, who are subject to corporate tax in France, the ability to claim tax relief of up to 30% on costs generated in R&D activities outsourced to Susan Boyd. We are extremely pleased to have received this approval from the French Ministry of Research since it will provide greater opportunities to support current and future customers in this important European market.

CompChem Solutions has entered into a cooperation with EndoTherm Life Science Molecules, a chemistry CRO based in Saarbrucken, Germany. CompChem Solutions will provide in silico support to complement EndoTherm’s chemistry offerings, broadening the service offering of both parties.