Best Life Sciences Companies in Victoria, Australia
The 242 best Life Sciences companies in Victoria, Australia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Mesoblast.
Our analysis of 576 Life Sciences companies
$91.7b in tracked funding; 70% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Life Sciences companies in Victoria
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Mesoblast Biotherapeutics derived from proprietary adult stem cell-based technologies | $980M | 17 mo ago | 83 | 2004 | — | 70 patents Regenerative cell therapies using adult multipotent stem cells for neurological and musculoskeletal disorders | — |
| 2 | Opthea Developer of protein therapies for ophthalmology | $134M | 14 mo ago | 24 | 1985 | Frederic Guerard Chief Executive Officer | — | — |
| 3 | Aravax Developer of vaccine for peanut allergy | $93M | 28 mo ago | 2 | 2015 | — | — | — |
| 4 | Cytochroma Developer of therapeutics to treat secondary hyperparathyroidism (SHPT) | $74M | 178 mo ago | — | 1996 | Kate Cameron Founder | — | — |
| 5 | Clinuvel Biopharma company focused on developing drugs for skin disorders | $51M | 123 mo ago | 52 | 2001 | — | — | — |
| 6 | Radiopharm Theranostics Manufacturer of radiopharmaceutical products for diagnostic test | $46M | 22 mo ago | — | 2021 | Paul Hopper Executive Chairman & Founder | — | — |
| 7 | Medical Ethics Developer of small molecule-based therapeutics for the treatment of wounds | $39M | 64 mo ago | 7 | 2004 | — | — | — |
| 8 | Immuron Developer of oral immunotherapy utilizing polyclonal antibody products | $37M | 70 mo ago | 6 | 1994 | Jerry Kanellos CEO | 79 patents Bovine hyperimmune colostrum therapeutics for bacterial and viral gastrointestinal infections | 1 launch |
| 9 | Seer Cloud-based wearable device for epilepsy diagnosis and management | $34M | 57 mo ago | 328 | 2017 | Dean Freestone Co-Founder & CEO | — | — |
| 10 | Hatchtech Developer of proprietary head lice drugs | $31M | 151 mo ago | 4 | 2001 | — | — | — |
| 11 | PolyNovo Developer of biodegradable temporising matrix for treating traumatic wounds | $30M | 25 mo ago | 8 | 2004 | — | — | — |
| 12 | Neuren Pharmaceuticals Drugs for brain injury and neurodegenerative disorders. | $29M | 56 mo ago | 15 | 1993 | Larry Glass CEO | 10 patents Oral peptide therapeutics for neurodevelopmental disorders and trefoil factor‑targeting antibodies | 1 partnership |
| 13 | Respiri Developer of detection tools for respiratory disorders | $28M | 67 mo ago | 2 | 1987 | — | 19 patents Digital respiratory monitoring and cough detection for COPD management and health analytics | — |
| 14 | ProTA Therapeutics Developer of oral immunotherapies for treating food allergies | $26M | 29 mo ago | — | 2017 | Mimi Tang Founder & CEO | 16 patents Formulation and delivery of allergy therapeutics (pharmaceutical compositions for allergic disease treatment) | — |
| 15 | CurveBeam AI Developer of AI-powered CT imaging solutions | $25M | 4 mo ago | 83 | 2009 | Arun Singh CEO | 55 patents AI-driven medical imaging analysis: alignment correction, segmentation, material decomposition, abnormality detection. | — |
| 16 | Ena Respiratory Developer of antiviral host defense enhancers for respiratory infections. | $25M | 7 mo ago | 9 | 2020 | Christophe Demaison Managing Director | 38 patents Lipid-based TLR2 agonist immunostimulants for treating respiratory infections and allergies | — |
| 17 | Telix Pharma Developer of theranostic radiopharmaceuticals for imaging and treating cancer | $25M | 67 mo ago | 234 | 2015 | — | — | 1 partnership · 1 award |
| 18 | Epiminder Developer of an implantable device for EEG monitoring | $25M | 51 mo ago | 14 | 2018 | Rohan Hoare CEO | 8 patents Patents concentrated in health & consumer products | — |
| 19 | PolyActiva Drug delivery platform | $24M | 12 mo ago | 27 | 2010 | — | — | — |
| 20 | Hemideina Developer of cochlear implant to treat deafness | $22M | 55 mo ago | 16 | 2016 | — | — | — |
| 21 | ChemGenex Pharmaceuticals Specialty company developing oncology drugs | $21M | 231 mo ago | 6 | 1999 | — | 16 patents Homoharringtonine-based therapies for kinase‑inhibitor‑resistant chronic myeloid leukemia | — |
| 22 | Chimeric Therapeutics Provider of CAR T cell therapies for solid tumors | $21M | 19 mo ago | 19 | 2020 | Paul Hopper Executive Chairman & Founder | — | 1 award |
| 23 | Alterity Provider of therapies to treat neurodegenerative disease | $20M | 9 mo ago | 11 | 1997 | David Stamler Chief Executive Officer | — | — |
| 24 | Noxopharm Developer of drugs for the treatment of cancer and septic shock | $18M | 26 mo ago | 17 | 2015 | — | 65 patents Isoflavone-derived pharmaceutical compounds for cancer immunotherapy and infection‑related inflammation | 2 launchs · 1 partnership |
| 25 | Avecho Developer of a drug delivery system for the safety of the animal and human health | $18M | 143 mo ago | 13 | 1992 | Paul Gavin CEO | — | — |
| 26 | Bionic Vision Technologies Developing visual prostheses to restore vision to the blind | $18M | 110 mo ago | 6 | 2015 | Ash Attia Chief Executive Officer & Managing Director | 4 patents Control algorithms for retinal prosthetic visual sensory devices | — |
| 27 | Denteric Developer of vaccines for treating periodontal diseases | $14M | 80 mo ago | — | 2019 | Eric Reynolds Founder & Director | — | — |
| 28 | Kinoxis Therapeutics Developer of therapies fort treating CNS disorders | $13M | 22 mo ago | 13 | 2017 | Hugh Alsop Co-Founder & CEO | 66 patents Non‑peptide oxytocin receptor agonists for treating social and substance‑use disorders | — |
| 29 | Incannex Company developing proprietary medicinal cannabinoid drugs and psychedelic medicine therapies 40Funding top 34%Growth top 35%Tech top 44%Talent bottom 49% All 6 signals ▾Fundingtop 34% Growthtop 35% Techtop 44% Talentbottom 49% Marketbottom 29% Globalbottom 25% Funding: Raised $12.5M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $12M | 15 mo ago | — | 2015 | Joel Latham CEO & MD | — | — |
| 30 | Exopharm Developer of exosome-based therapeutics for targeted treatments | $12M | 61 mo ago | 39 | 2013 | — | 30 patents Exosome isolation/purification reagents and fluorescent labeling dyes for biomedical research | — |
| 31 | Bluechiip Wireless tracking solutions for bio samples and other products 27Moat top 32%Patents top 36%Funding top 42%Global top 45% All 8 signals ▾Moattop 32% Patentstop 36% Fundingtop 42% Globaltop 45% Innovationtop 47% Newsbottom 36% Marketbottom 33% Techbottom 32% Moat: Editorial + unicorn rating 5/10 · IP moat: 31 patents Patents: 31 patents matched (strict assignee match) · 9 filings since 2022 vs 17 in 2017-21 rank vs industry peers · Fliar Intelligence Index 27/100 | $12M | 37 mo ago | 11 | 2003 | — | 31 patents Cold-chain monitoring and RFID-enabled temperature sensing for temperature-sensitive items | 1 launch · 1 partnership |
| 32 | BioDiem Developing and commercializing vaccine technology and infectious disease therapies. | $11M | 131 mo ago | 5 | 2001 | — | 55 patents Nitrostyrene-derived antifungal agents for treating Scedosporium infections | — |
| 33 | Cartherics Developer of cellular immunotherapy for cancer | $10M | 20 mo ago | — | 2014 | Ian Nisbet Co-Founder and Chief Operating Officer | — | 2 awards |
| 34 | Antisense Therapeutics Developer of RNA-based antisense drugs | $10M | 67 mo ago | 8 | 2001 | — | 123 patents Antisense oligonucleotide therapies for neurological and muscular disorders | — |
| 35 | Currus Biologics Developer of CAR-T cell therapies for solid tumors | $10M | 59 mo ago | 5 | 2020 | Sam Cobb CEO | 16 patents Engineered bispecific antibodies and polypeptides for rescuing exhausted immune cells | 1 launch |
| 36 | Anutra Medical Develops local anesthetic delivery systems for dentists | $8M | 67 mo ago | 20 | 2013 | — | — | — |
| 37 | Island Pharmaceuticals Developer of antiviral therapeutics for infectious diseases | $7M | 4 mo ago | — | 2016 | David Foster Chief Executive Officer and Managing Director | 2 patents Antiviral drug formulations targeting SARS‑CoV‑2 and polymerase inhibition. | — |
| 38 | INOVIQ Developer of a portfolio of diagnostic and exosome-based products for the diagnosis and treatment of cancer | $6M | 8 mo ago | 5 | 1983 | Leearne Hinch CEO | 4 patents Polymer resin formulations and extracellular vesicle-based therapeutic/diagnostic technologies. | — |
| 39 | Cyban Developer of non-invasive continuous tissue oxygen monitoring device | $5M | 49 mo ago | 19 | 2019 | Barry Dixon Founder | — | — |
| 40 | Neurizon Therapeutics Developer of therapeutics for neurodegenerative diseases | $4M | 3 mo ago | — | 2000 | Michael Thurn CEO & Managing Director | — | — |
| 41 | Dignify Therapeutics Novel drug therapies for bladder and bowel disorders | $3M | 15 mo ago | 35 | 2013 | — | — | — |
| 42 | Adalta Developing next-generation antibody therapeutics for the treatment of fibrosis and cancer. | $3M | 25 mo ago | 12 | 2007 | — | 18 patents Therapeutic biologics targeting CXCR4, RANKL, and malaria antigen binding proteins | 3 partnerships |
| 43 | Rhythm Biosciences Developer diagnostic tests for the detection of cancer | $3M | 24 mo ago | — | 2016 | David Atkins Chief Executive Officer | — | 1 partnership |
| 44 | Geminii Wearable device for continuous monitoring and management of blood glucose level 7Talent top 35%Funding bottom 41%Global bottom 25%Market bottom 8% All 4 signals ▾Talenttop 35% Fundingbottom 41% Globalbottom 25% Marketbottom 8% Talent: 3 named leaders on record Funding: Raised $2.1M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 7/100 | $2M | 22 mo ago | 2 | 2016 | Calvin Carter Co-Founder & President | — | — |
| 45 | PredicTx Health Developer of a platform for personalized chemotherapy dosing using body analysis | $2M | 8 mo ago | — | 2025 | Justin Yeung Co-Founder & CMO | — | — |
| 46 | Patrys Specialty company developing products for treatment of cancer | $2M | 45 mo ago | 23 | 2006 | James Campbell CEO and Managing Director | 90 patents Therapeutic monoclonal antibodies and epitope-based biologics targeting LM‑1 for oncology and metabolic applications | — |
| 47 | Tiny Bright Things Provider of microscopy tools for image and measurement | $2M | 43 mo ago | 5 | 2020 | Raymond Dagastine Co-Founder & CEO | — | — |
| 48 | Navi Medical Technologies Developer of catheter location system for newborns intensive care | $1M | 34 mo ago | 11 | 2017 | Brad Bergmann Co-Founder | 15 patents Patents concentrated in health & consumer products | — |
| 49 | H3D Provider of software to manufacturers and labs custom-fit businesses 37Tech top 28%Growth top 35%Funding top 46%Moat top 48% All 7 signals ▾Techtop 28% Growthtop 35% Fundingtop 46% Moattop 48% Talentbottom 49% Globalbottom 29% Marketbottom 23% Tech: 55 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 37/100 | $1M | 9 mo ago | 11 | 2018 | Phil Kinsella Founder & CTO | — | 1 partnership |
Top 12 Life Sciences companies in Victoria
#1
Public · Melbourne, Victoria · founded 2004 · 83 employees$979.8Mraised▾
Mesoblast specializes in developing cellular medicines. The company has a clinically advanced and diverse portfolio of cell-based products with five programs, two of which are partnered, in active Phase 3 clinical studies or Phase 3-ready, and four programs in Phase 2. These clinical programs target therapeutic areas including cardiac diseases, spine orthopedic disorders, oncology and hematology diseases, and immune-mediated and inflammatory conditions. The Japanese Government has approved TEMCELL® HS. Inj., a product based on their proprietary allogeneic mesenchymal lineage adult stem cell technology licensed to JCR Pharmaceuticals Co. Ltd for the treatment of graft versus host disease in children and adults in Japan. Their product candidate, MSC-100-IV, has orphan drug designation and is being developed under an accelerated regulatory approval pathway in line with the United States Food and Drug Administration (FDA) discussions for children with steroid-refractory acute graft versus host disease. Two other lead product candidates, MPC-150-IM and MPC-06-ID, are in late-stage development in Phase 3 programs targeting, respectively, advanced chronic heart failure and chronic low bac
- Jan 2025Post IPO$160M
- Apr 2023Post IPO—
- Aug 2022Post IPO$45M
- Mar 2021Post IPO$110M
#2
Public · Melbourne, Victoria · founded 2009 · 83 employees$25.3Mraised▾
Developer of AI-powered CT imaging solutions. The company is developing AI-based weight-bearing CT (WBCT) imaging systems for the orthopedic and musculoskeletal (MSK) specialties for the diagnosis of lower extremity conditions.
- Feb 2026Post IPO$2.8M
- Feb 2023Series A$25M
- Nov 2022Seed$255.4K
#3
Series B · Melbourne, Victoria · founded 2020 · 9 employees$25Mraised▾
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- Oct 2025Series B$22.4M
- Feb 2025Series B$5M
- Jun 2021Series B$25M
#4
Public · Camberwell, Victoria · founded 2016$7.5Mraised▾
Developer of antiviral therapeutics for infectious diseases. The lead drug candidate ISLA-101 is repurposed for the prevention and treatment of dengue fever and other mosquito-borne diseases. It prevents nuclear entry of the viral protein that prevents propagation of the viral infection.
- Feb 2026Post IPO$6.3M
- Mar 2024Post IPO$1.2M
#5
Public · South Yarra, Victoria · founded 1985 · 24 employees$133.7Mraised▾
Opthea develops and commercializes protein therapies for ophthalmology. Its approach includes targeting the Vascular Endothelial Growth Factor (VEGF) protein family, specifically VEGF-C, VEGF-D, and VEGFR-3. Its lead candidate, a soluble form of VEGF-3, is currently in phase I/IIA trials for the treatment of wet age-related macular degeneration.
- Mar 2025Post IPO—
- Aug 2022Post IPO$90.2M
- Oct 2019Conventional Debt$9.9M
- Apr 2017Post IPO$33.6M
#6
Public · Melbourne, Victoria · founded 1997 · 11 employees$20.3Mraised▾
Provider of therapies to treat neurodegenerative disease. The company's drugs include PBT434 is meant for Parkinsonian disorders and is being evaluated in clinical trials. The drug is a small molecule designed to inhibit the aggregation of pathological proteins implicated in neurodegeneration. It has been shown to reduce abnormal accumulation of α-synuclein and tau proteins in animal models of disease by restoring normal iron balance in the brain.
- Sep 2025Post IPO$13.1M
- Feb 2021Grant (prize money)$495K
- May 2008Post IPO$6.7M
- Post IPO—
#7
Public · Melbourne, Victoria · founded 2000$3.6Mraised▾
Developer of therapeutics for neurodegenerative diseases. The pipeline includes NUZ-001S-Monepante which targets and address the underlying mechanisms of neurodegenerative disease and treat Amyotrophic lateral sclerosis.
- Feb 2026Post IPO$3.6M
#8
Series C · Melbourne, Victoria · founded 2010 · 27 employees$23.6Mraised▾
PolyActiva has developed a platform technology for slow-release, site-specific drug delivery. Upon the application of the treatment, complete erosion of the implant occurs leaving no residue following drug release. This technology can be used to produce new biomedical products, drug-delivery devices and device components that enable delivery of drugs directly to the affected organ or treatment site. They are produced from a proprietary drug-polymer conjugate technology. Products are being developed for glaucoma, endophthalmitis, and osteoarthritis.
- May 2025Series C$25.7M
- Sep 2018Series B$11.5M
- Feb 2013Series B$9.5M
- Jan 2011Series A—
#9
Public · Notting Hill, Victoria · founded 1983 · 5 employees$6.1Mraised▾
Developer of a portfolio of diagnostic and exosome-based products for the diagnosis and treatment of cancer. The company has an hTERT test used as an adjunct to urine cytology testing for bladder cancer and the EXO-NET pan-exosome capture tool for research purposes.
- Oct 2025Post IPO$6.1M
#10
Seed · Melbourne, Victoria · founded 2025$1.6Mraised▾
Developer of a platform for personalized chemotherapy dosing using body analysis. The platform analyzes CT scans to segment muscle, fat, bone, and tumor volume. This creates a detailed body composition profile for each patient. Machine learning models then predict the optimal chemotherapy dose before the first cycle.
- Oct 2025Seed$1.6M
#11
Public · Melbourne, Victoria · founded 2015$12.5Mraised▾
Incannex is a clinical stage pharmaceutical company that specializes in the development of medicinal cannabinoid compounds and psychedelic therapies. They have a diversified portfolio of 28 FDA compliant R&D programs and are well positioned as a leader in the development of novel cannabinoid pharmaceuticals and psychedelic therapies.
- Mar 2025Post IPO$12.5M
#12
Public · Carlton, Victoria · founded 2021$45.8Mraised▾
Manufacturer of radiopharmaceutical products for diagnostic test
- Jul 2024Post IPO$45.8M
- Feb 2024Post IPO—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Life Sciences coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Victoria researches in biotechnology
Agriculture Victoria and the University of Victoria lead Victoria's biotechnology research, focusing primarily on agricultural and mitochondrial biology with a mildly optimistic but notably contested tone.
- Agriculture Victoria7
- University of Victoria4
- Bahawal Victoria Hospital3
- Victorian Clinical Genetics Services2
- Victoria University of Wellington2