The Challenge A biotech/pharma company facing financial strain laid off its part-time accountant and relied on an internal engineer to handle the books. Over two years, financial records became disorganized and unreliable, compromising investor confidence and grant eligibility.

Laurentian’s Approach Laurentian reconstructed two years of revenue records and cleaned up the company’s cap table. They filed accurate reports with the NIH to support grant applications and guided the company through its first audit, including the development of formal accounting policies and PBC schedules.

The Outcome The company received a clean audit opinion, rebuilt investor trust, and was well-positioned for future fundraising with reliable financials and transparent reporting.