Life Sciences

In the world of life sciences, pushing the boundaries of progress is in your DNA.

Financial clarity must match that pace – and that’s in our DNA.

The life sciences sector is moving at incredible rate, shaped by rapid transformation, regulatory demands, and global competition. HaysMac ensures that accounting isn’t yet another hurdle, offering specialist knowledge and partner-led services tailored to the unique needs of biotech, pharma, and healthcare organisations of every size.

You need agile advisors who deliver timely insight and free your time to focus on discovery, innovation and impact.

We support a broad range of life sciences ventures – from pioneering biotech start-ups and pharmaceutical innovators to med-tech developers, clinical research organisations, and international distributors. Our clients appreciate our proactive approach, straightforward communication, and deep passion for scientific progress.

We know life sciences demands more than just compliance. With shifting regulations, complex R&D incentives, and capital-intensive projects, you need financial clarity to make confident decisions. We’ll help you navigate the challenges and accelerate your breakthroughs.

Specialist accounting services for life sciences businesses

We’re not just here for the big projects or the annual audit. We’ll support you all year round with the everyday services you need, so you can focus on running your business. Most of all, we’ll be ready with knowledgeable, helpful answers and proactive, pragmatic suggestions.

Speak to a team member today

Audit

Our risk-based audit approach focuses on understanding our clients, recognising their business issues and identifying the impact that they may have on the financial statements. Coupled with our sector experience, we can determine the critical audit areas and devise specific testing based on our thorough understanding of each client's structure, organisation and business risks.

Discover more about our audit services

Transaction Services

We provide pragmatic advice on key transactions and offer tailored support for your operations. Whether you are expanding your portfolio or preparing for a sale, we can help at every stage.

  • Sale/purchase advisory and structuring

  • IPOs

  • Outsourcing (bookkeeping and payroll)

  • Due diligence

  • Group rationalisation

Read more about our transaction services

Corporation tax

Our tax team works proactively to minimise liabilities and maximise reliefs available to life sciences ventures.

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Employment tax

Staying compliant with employment tax rules can be a challenge in the life sciences sector, where workforce turnover is high and staff benefits vary.

Learn about employment tax

Outsourcing

Our outsourcing team have a flexible approach and we can adapt our involvement depending on each client's needs. We are able to offer a full outsourcing service where we would take full ownership of the bookkeeping and management accounts preparation. Alternatively, we can be involved with the data input, bank reconciliations or a high level management accounts review to alleviate the pressure on a clients finance team and we’re happy to tailor a solution which fits with each type of business.

Many clients use our outsourced accounting solutions to free up internal capacity while maintaining financial accuracy and control.

Explore outsourcing services

Risk Assurance and Advisory Service

Our specialists will help you make informed decisions by providing independent and objective assurance on your governance, risk management and control environment. Beyond peace of mind, we’ll help you assess performance in different areas of your organisation and so identify operational efficiencies. Our risk assurance services are particularly valuable for hotel and leisure groups aiming to improve operational consistency across multiple sites.

Understand more about Risk Assurance & Advisory Services

How We Support Your Growth

From insightful, efficient audits tailored to the needs of biotech, pharmaceutical, med-tech, and healthcare businesses, to strategic guidance on R&D tax credits, IP structuring, grant funding, transfer pricing, and international tax planning, we work with organisations at every stage.

Whether your navigating early funding rounds, scaling globally, or preparing for exit through IPO, acquisition, or trade sale, we’re here for every step of the journey. As specialist accountants for the life sciences, we offer the full spectrum of sector-specific accounting advise, delivered with commercial focus and scientific insight.

When it comes to supporting the Life Sciences sector, we believe too many firms don’t understand the risk profile and therefore can’t properly advise. Some of our team have spent time in industry and know what questions to ask.

pharma research microscope

Why HaysMac?

Every client is unique - and so is our advice.

In life sciences, there’s no such thing as “business as usual.” Every project carries risk, every funding round is pivotal, and every milestone could change the future. That’s why you need more than just accountants, you need advisers who understand the pressures, opportunities, and pace of your sector.

Financial puzzles can feel overwhelming. But solving them brings out the best in our team. Through deep sector knowledge and personal collaboration, we help clients gain clarity and confidence in a rapidly evolving field.

Our mission is simple: to give you financial confidence, so you can stay focused on advancing science, improving health and changing lives.

Navigating complexity together

Trust our specialists for all-year-round support – not just big projects or the annual audit.

We understand the pressures and possibilities of the life sciences sector – and we’re here to help you move forward with confidence. Our reputation is built on being approachable and straightforward, while delivering efficient, high-quality services. Where it adds value, we use automation and analytics to keep things streamlined and cost-effective. We also maintain strong links with trusted specialists across the sector, so when wider expertise is needed, we can connect you with the right people.

It’s unusual to find specialist sector know-how at every level of an accountancy firm. We like being a bit different at HaysMac. Partner with the best.

View our people
Mike Crowson

Mike Crowson

Partner, Head of Private Equity

Andrew Barford

Partner

Chris Cork

Partner, Co-Head of Transaction Services

Jon Dawson

Partner, Head of Sectors & Markets

Key life sciences contacts

Get in touch to start a conversation about your business needs. We would love to show you how a more collaborative, insight-led approach can work for your organisation.