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Healthcare & Life Sciences

Ascentium supports healthcare and life sciences innovators from discovery through clinical trials to commercialisation.

Advisory That Understands the Science

Life sciences development runs on long timelines, deep technical complexity, and capital that must stretch across years of pre-revenue work.

Ascentium works with businesses from startup to scaleup through to succession, bringing together tax advisory, government incentives, finance function, payroll and corporate secretarial so you can focus on the work that matters the most.

Supporting Healthcare & Life Sciences Leaders

Australia's healthcare and life sciences sector is growing - driven by an ageing population, increased investment in research and a regulatory environment that continues to evolve.

The operational and compliance demands that come with this growth require more than standard business advisory support for biotech, medtech, pharmaceutical and healthcare companies.

Long Development Cycles

The R&D Tax Incentive can return cash to pre-profit companies each year, acting as a recurring funding bridge across the development pipeline.

Running Clinical Trials

Laboratory research and clinical trials are recognised eligible R&D activities. We help local companies and international sponsors document trials defensibly, including special applications for overseas activities.

Workforce Complexities

Payroll, contractor management and employment compliance designed for healthcare businesses with employees, contractors and visiting practitioners across varied arrangements.

Planning for Succession

Tax structuring, buy-sell advisory and succession planning designed for medical practices and healthcare partnerships navigating ownership and leadership transitions.

Working With You

From start-up to scale-up, all the way through to exit and succession planning, our full-service offering replaces the need for multiple separate advisers.

Tax & Advisory

R&D Tax Incentive

Finance Function

Payroll Services

Company Set Up & Corporate Secretarial

Audit & Assurance

Why Choose Ascentium

Effective advisory starts with advisers who can engage with the science itself.

We work with healthcare and life sciences businesses from establishment through to exit. That means consistent, informed advice at every stage

Healthcare & Life Sciences

Scale Greater Heights

Ascentium brings the expertise your business needs to move forward with confidence.

Related Leaders

Mark Wellings headshot

Mark Wellings

Managing Director, Tax & Advisory

Justyn Wong headshot

Justyn Wong

Director, Tax & Advisory

Related Services

R&D Tax Incentive

Tax & Advisory

Company Set Up

Audit & Assurance

What Our Clients Are Saying

Brendma (Australia) Pty Ltd Logo
Client Since
2010
Client Rating
I've been thoroughly impressed with Ascentium's comprehensive approach to our company’s financial management. Their expert tax planning has helped us optimise our tax position, while quarterly reviews keep us informed about our company's financial health.

The management reports they provide are incredibly insightful, enabling us to analyse our business performance and make informed decisions. Their comprehensive business taxation services give us peace of mind, knowing our financial affairs are in expert hands.

I highly recommend Ascentium for their professionalism and dedication to client success. 
Victor Jeris
National Technical Sales Director
Brendma (Australia) Pty Ltd
Phyto-Therapy Pty Ltd LOGO
Client Since
2024
Client Rating
We have had the pleasure of working with Mark and the team at Ascentium across our business and financial requirements.

From a business perspective, they have provided advice and guidance across many areas, including supporting us through the sale of part of our business, as well as R&D grants, taxation, payroll and company structuring. Their proactive approach and practical advice have supported our growth and future planning.

Mark’s thoughtful approach and genuine care for clients also stands out, with clear, practical advice provided throughout our engagement. As a result, we highly recommend him and his team at Ascentium. 
Angeline Saver
Head - People and Culture
Phyto-Therapy Pty Ltd
Quiton Anthony Logo
Client Since
2022
Client Rating
Mark Wellings and his team at Ascentium provide proactive advice on tax structuring and organisational effectiveness that is deeply considered, clearly reasoned, and built around an understanding of our broader financial strategy. Their collaboration with our external bookkeeping and financial planning advisors is seamless, with execution matching the quality of their thinking.
Sergio Floyd
Founder & Managing Director
Quinton Anthony Pty Ltd
My Biologics Logo
Client Since
2015
Client Rating
Working with the team at Ascentium Australia has been an excellent experience. Their expertise across BAS lodgements, bookkeeping advice, multi-company tax returns, ASIC agent services, and ongoing compliance and advisory work has delivered real clarity and efficiency. Justyn and his team are reliable, knowledgeable, and consistently add value to our operations. 
Nicole Schoeman
Accounts & Administration
My Biologics Pty Ltd
braincast logo
Client Since
2008
Client Rating
We really appreciate the guidance we received from Ascentium through the process on the nature of information required for the submission and how to collate it in clear and concise language that translated policy requirements into tangible concepts. 
Dr. Govinda Poudel
Chief Technical Officer
BrainCast
David Anderson Building Logo
Client Since
2016
Client Rating

Working with Justyn, Kaaya, and the team has given us confidence and peace of mind as we’ve grown our businesses. As small business owners, having trusted advisors who genuinely understand our businesses and provide practical, proactive accounting and tax advice has been invaluable.

From their meticulous attention to our BAS, tax obligations, and financial reporting, to ensuring we remain compliant while helping us make informed business decisions, we’ve always felt supported and in safe hands.

Their responsiveness and ability to explain complex accounting matters in a clear and practical way has made a significant difference to our business journey.

David Anderson
Founder
David Anderson Building Pty Ltd
Scalare Partners
Client Since
2023
Client Rating
Ascentium’s ability to navigate complex accounting matters and regulatory requirements was instrumental in achieving a successful outcome for Scalare Partners. 
James Walker
Founding Partner
Scalare Partners
wisdom logo
Client Since
2021
Client Rating
The most valuable thing for me is freeing up my time and giving me a better understanding of my business revenue, expenses, and where we need to focus – now also extending to how I look at finances across my personal life as well. 
Dr Khaled Zhoud
Oral and Maxillofacial Surgeon
Wisdom Centre (Dr Khaled Zoud)
Thrive Refugee Enterprise
Client Since
2018
Client Rating
Ascentium has been a long-term partner of Thrive and we’re now at a stage in our growth together where our accounting processes represent best practice, supported by a robust back office function that performs the operational accounting and compliance effectively. 
Chris O'Neill
Financial Controller
Thrive Refugee Enterprise
UAG Bio Nutrients and UAG Macadamias
Client Since
2020
Client Rating
Their services are quite broad and they are remarkably detailed and concise in getting everything done. They do all our accounting, including the ASIC and shareholder work. 
John Barraclough
Executive Chairman
UAG Bio Nutrients & UAG Macadamias
Streem
Client Since
2021
Client Rating
The team at Ascentium offered a very comprehensive back end operational approach that was streamlined in order to reduce the amount of time required by Streem employees and management. This meant we could identify the real value drivers across the business. 
PK Rai
Chief Financial Officer
Streem

Frequently Asked Questions (FAQs)

Yes. We work with a wide range of healthcare clients including medical practices, healthcare groups, aged care providers and life sciences companies at every stage of growth.

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