Small and Medium-sized Enterprise (SME) status

As a registered SME ourselves, we can support your regulatory submissions to the European Medicines Agency by acting as the SME on your behalf.

Small and medium-sized enterprises (SMEs) are integral to drug development.

Often, they sponsor the development of innovative medicines (particularly cell and gene therapies), medicines for rare diseases, and medicines in underrepresented therapeutic areas.

However, SMEs often come up against specific challenges, particularly financial challenges. The drug development process includes several regulatory milestones, and missing these milestones may negatively impact the overall outcome of an SME’s MAA.

As well as financial constraints, SMEs may have limited resources to commit to developing a detailed understanding of country-specific regulatory processes; have limited access to subject matter experts, and face competition with large and intermediate-sized enterprises.

Applying for SME status involves three steps:

  1. Define the type of SME you are.
  2. Apply to the EMA’s SME office.
  3. Maintain your SME status.

Applying to become a registered SME with the EMA is straightforward if you have all of your company information ready to go.

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How are Small and Medium-sized Enterprises classified?

To be classified as an SME, your company must meet the criteria concerning headcount and annual turnover (<250 employees and <EUR 50 million annual turnover or <EUR 43 million balance sheet).

However, during the SME application process, your company category becomes important (autonomous/linked/partner), and you will be expected to explain the structure of your company, to determine the amount of capital and voting rights investors or partner enterprises have in your company, and vice versa. To apply for SME status, your company must have a legal entity in the EU/EEA. However, you can work with a regulatory consultancy that is an EU-registered SME to access SME benefits and fee incentives on your behalf.

Somerville Development Partners is a registered SME

This means we can support your regulatory submissions to the European Medicines Agency (EMA) by acting as the SME on your behalf. For our US clients, who do not have a legal entity based in Europe, partnering with us is invaluable to them, benefiting from the additional support and fee reductions the EMA offers.

How to apply for SME status

How to apply for Small and Medium-Sized Enterprise (SME) status with the EMA

This article outlines who qualifies for SME status, how to apply, and what support is available once approved.

How we help SMEs

  • We have decades of experience navigating regulatory agency interactions and regulatory submissions in Europe, from scientific advice to paediatric development to the marketing authorisation application itself. This means we can confidently guide you through your mandatory regulatory milestones.
  • As scientists, we designate time to build a foundational knowledge of your product and data so that we can always act in your best interest, fit seamlessly into your day-to-day activities, and become an extension of your company.

Subscribe to our Monthly Regulatory Intelligence Scan

Our monthly newsletter gives you the latest European and UK regulatory intelligence. We bring you new and interesting approvals; fast-to-market applications, orphan designations; paediatric applications and therapy area-specific news.

Newsletter Optin

You can unsubscribe at any time from the link in the newsletter footer. Read our Privacy Policy here.

FAQs

What are the incentives for Small and medium-sized enterprises?

  • Financial fee incentives,
  • regulatory assistance services,
  • SME briefing meetings,
  • translations assistance,
  • training events,
  • guidance on clinical data publication,
  • support with the PRIority Medicines (PRIME) scheme,
  • a dedicated SME office to respond to regulatory, procedural and administrative questions, and
  • Advanced Therapy Medicinal Products (ATMP) incentives (certification).

What are the fee incentives for Small and medium-sized enterprises?

  • 90% fee reduction for scientific advice for non-orphan medicinal products
  • 100% fee reduction for protocol assistance (scientific advice on orphan medicinal products)
  • Fee deferral until the marketing authorisation application outcome for non-orphan medicinal products
  • 100% fee reduction for initial marketing authorisation applications for orphan products
  • 100% fee reduction for the post-authorisation activities for micro-sized enterprises for non-orphan products
  • 40% fee reduction for the post-authorisation activities for small or medium-sized enterprises for non-orphan products
  • 100% fee reduction for the post-authorisation activities for orphan products

What are the benefits of having a regulatory affairs consultancy guide our SME application and development programme?

Some regulatory affairs consultancies are registered SMEs. This means they can support your regulatory submissions to the European Medicines Agency (EMA) by acting as the SME on your behalf. Regulatory affairs companies have the experience navigating regulatory agency interactions and regulatory submissions in Europe and can confidently guide you through your regulatory milestones, including;

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