IR for the long-cycle, milestone-led register.

Biotech is the ASX sector where the gap between operational reality and share-price reaction is widest. Trial readouts, regulatory milestones, and partnership announcements have to be communicated with absolute care under Listing Rule 3.1 — and in a way that survives twelve months of milestone-quiet periods. Orca runs IR for listed biotech, med-tech, and diagnostics companies inside that constraint.

ASX focus

Biotech & life sciences

Pre-revenue biotech, med-tech, and diagnostics


The ASX biotech sector spans pre-revenue platforms, post-approval commercial stories, and diagnostics — each with its own communications discipline.

What makes the IR work in this sector hard.

Every sector has the disclosure quirks that catch a generalist firm out. The ones we see most in biotech & life sciences:

01

Milestone-led cadence

Trial readouts and regulatory decisions move the price and the narrative. The disclosure machinery has to be ready, not improvised.

02

Scientific translation

Endpoints, p-values, hazard ratios — written so a generalist fund manager and a sector specialist both read the same conclusion.

03

Capital between milestones

Pre-revenue biotechs raise repeatedly. The IR work between raises is what makes the next raise possible.

04

Partnership and licensing comms

Deal terms, milestone payments, royalty structures — communicated to satisfy both the counterparty confidentiality and disclosure obligations.

The programme

What we deliver into biotech & life sciences.

01

Clinical & regulatory announcement framework

Pre-built templates, sign-off chain, and language library so trial readouts and FDA/TGA decisions can be lodged within hours of receipt.

02

Capital raise communications

Placement, entitlement offer, SPP, and strategic-equity comms — tuned to the milestone calendar.

03

Partnership & licensing comms

Drafting and ASX lodgement of partnership, licensing, and milestone-payment announcements alongside legal and the partner's communications team.

04

Investor day & KOL programs

Investor days, KOL panels, and the long-form materials that build conviction through the quiet periods.

Where we typically engage.

The recurring announcement and milestone events that shape the sector calendar.

  • Clinical trial readouts — Phase I, II, III
  • FDA, TGA, EMA approvals and decisions
  • Partnership and licensing deals
  • Capital raises around milestones
  • Strategic reviews and M&A

Services we run most often in this sector.

Frequently asked.

  • Do you have medical or scientific staff?

    No — we work alongside your scientific advisory and chief medical officer. Our seat is the communications translation, not the science.

  • Can you handle a confidential trial readout?

    Yes — that is a core part of the discipline. We have drafted dozens of trial-readout announcements under embargo.

Talk to us about biotech & life sciences.

Tell us about your company and where you want the market to be. We will take it from there.