Client: New England Biolabs (U.K.) Limited

Reagents For the Life Sciences Industry | NEB

Created by scientists, for scientists, New England Biolabs is at the forefront of the Life Sciences industry in the UK. Established in 1974 in the USA, NEB have developed an international network of affiliates, distributors and subsidiaries committed to developing high quality, innovative products – in particular, recombinant and native enzymes for genomic research. Life Sciences is a highly regulated industry and a deep understanding of the individual requirements of each country is needed in order to export and import compliantly. NEB has engaged The International Trade Consultancy to advise on a number of customs and market expansion projects designed to drive sales, increase efficiency and save money.

NEB found the Develop Your Export Strategy service of particular value. For a successful multi-national company, it’s crucial to continue developing into new markets to win market share before the competition moves in. This requires an understanding of a number of factors including the regulations surrounding life sciences products, variations in HS codes, rules of origin implications, ways that import duties and taxes can be minimised such as customs warehousing and the legal and tax considerations when employing staff in new markets.

The International Trade Consultancy provided detailed, comprehensive reports customised to NEB’s objectives to allow them to make decisions about how to grow their company effectively and customs compliantly.