Finance for the firms working on what's next.
Bookkeeping, tax, and CFO advisory for Canadian life sciences companies and health practitioners. Grant accounting, SR&ED capture, clinical-trial spend tracking, and practitioner billing reconciliation, sized to your stage.
From the lab bench to the clinic floor. Pre-clinical biotechs, medical device startups, digital health, and the practitioners providing care.
The four streams every health and life sciences team needs done right.
Grant accounting, SR&ED, clinical spend, and billing reconciliation. The work most general bookkeepers won't touch, all standard here.
Grant accounting
CIHR, NRC IRAP, NSERC, and provincial program spend tracked against budget, invoiced when due, reported in the format each program officer wants to see. Audit-ready, year-round.
SR&ED for R&D-heavy work
We turn on R&D logging from week one. Lab work, formulation, clinical experiments, and software supporting all of it. The claim is half-written by year-end, the refund pays for the next quarter.
Clinical trial spend
CRO fees, site costs, principal investigator stipends, patient travel reimbursement. Cost categories that hold up at audit, with study-by-study burn reporting for the board.
Practitioner billing reconciliation
OHIP, RAMQ, and provincial billing reconciled monthly. Insurance claims followed up, write-offs documented, practitioner draws clean. The compliance side of practice ownership.
Five shapes of health and life sciences. One bench.
Different regulatory wrappers, different funding models, same need. Books that mirror the science and the practice, not a one-size-fits-all chart.
Biotech and pharma
Pre-clinical and clinical-stage companies, long development cycles, non-dilutive funding stacks. Grant burn schedules, milestone-based revenue, clinical trial cost centers built into the books.
Medical devices and medtech
Hardware development with Health Canada and FDA paths to clear. We track prototyping costs, regulatory consulting fees, and capex tied to the device, separate from operating spend.
Digital health and software
Health-tech SaaS with PHIPA and HIPAA in scope. Standard SaaS accounting plus the regulatory consulting and compliance audit costs that come with healthcare data.
Multi-disciplinary clinics
Practitioners on draws, insurance billing reconciliation, regulated college dues, equipment depreciation, and multi-location consolidation. The compliance side of running a practice.
Allied health practices
Solo and small-group practices in regulated professions. Insurance billing, practitioner draws, regulatory dues, and the audit traps unique to each college, handled properly.
The questions that come up between the lab and the boardroom.
The intersection of science, regulation, and finance. We sit at it every day.
"We have three grants overlapping. Are we eligible to claim SR&ED on the same work?"
"Our CRO invoices a different format every month. How do we tie them to the trial budget?"
"OHIP and private insurance are reconciled differently. Our books cannot tell us net revenue."
"We are getting ready to raise. What do US biotech investors want to see in the data room?"
Real organizations. Specific outcomes.
Three snapshots of where health and life sciences teams stood when they came in, and where they landed within twelve months.
Grant burn untracked. Officers asking for reports the team did not have.
Monthly burn-against-budget by grant. Two officer reviews passed without findings.
No SR&ED claim filed. Year of engineering work unrecorded.
CAD 240k SR&ED refund landed. Capture turned on for the next fiscal.
Insurance billing aging out. Practitioner draws inconsistent across the group.
Insurance reconciled monthly. Draw structure standardized, partners on the same plan.
Exactly how we solve the problems keeping you up at night.
Growth almost killed us, twice. We had a million dollars in invoices that weren't coming in, and the Numinor CFO team showed up with strategies. A year later, our consultants are booking 20 percent more revenue.
Numinor helped us close our last round. They built the data room that closed the financing. The biggest reason I'd recommend them: I spend less time in the business and more time on the business.
Four weeks between incorporation and our first close. Our investors keep asking why our books are always on time and so easy to pull. The answer is: that's just how Numinor works.
Sector questions, plainly answered.
Have one we have not covered? Email the team and we will come back within a business day.
Carefully, yes. SR&ED expenses must be reduced by other government assistance, so we track the overlap and claim the net eligible amount. The math is precise and we document it for audit.
Yes. We normalize CRO invoices against the trial budget, track site-by-site burn, and surface variances before they compound. The board sees a clean cost-per-patient line every cycle.
Yes. We reconcile OHIP, RAMQ, and private insurance receivables monthly. Write-offs are documented, follow-up cadence is set, and your practice books reflect actual collected revenue, not billed.
Yes. We handle financial data only, but we know which categories require de-identified ledgers and which can stay in standard books. We coordinate with your compliance counsel on the boundary.
The same way, sized smaller. Insurance reconciliation, regulatory dues, equipment depreciation, and personal tax planning, scoped flat. Most solo practices fit on the standard Numinor Bookkeeping plan with a small clinical add-on.
Stop worrying about the CRA. Start focusing on your product.
Book a complimentary strategy call. We'll look at your current stack, give you a monthly cost estimate, and show you how to extend your runway. No pressure, no commitment. If we're not a fit, we'll say so.
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Twenty minutes. Real answers. No pitch deck.