Biotechnology Financial Projection Template

Prepare comprehensive financial projections to support investor pitches, loan inquiries, and similar needs. This fully editable Excel template includes auto-generated 5-year financial statements, over 20 charts featuring key metrics, and a video guide.

How it works?

Template price: $


  • 5 Year Projected Financial Statements
  • CPA Developed & Completely Customizable
  • Video Guide Included
  • Free Support & Projections Review
  • Compatible with Google Sheets

This easy to use biotech template was built by our own CPA projections expert

Create investor- and lender-ready projections in a matter of hours

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Built specifically for Biotech businesses- ProjectionHub has helped more than 50,000 different businesses create financial projections for their business plans, loan applications, and pitch decks so you can be confident this biotech financial projection template will be effective and reliable

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get the Biotechnology template now for $99

The template price: $



100% money-back guarantee for 30 days!

 Revenue Projection Template Example

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

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Step 2: Enter your assumptions on the input tabs

Biotech Income Forecast

  • The biotechnology revenue forecast model is very different than most other industries. You will be able to project your biotech income by estimating the total eligible population for your pharmaceutical or device and what percentage of that population is converted. You will also be able to project royalties, sales rep commissions and COGS by drug and device. The forecasted revenue will then be passed directly to your financial statements in an organized fashion.

Biotechnology Operating Expenses

  • This template will take your specific expected or actual startup monthly operating expenses and then calculate the profitability of your biotech business. The operating expenses section starts with some expenses already filled in but you will have full control to customize them to your exact specs and understand your burn rate. The listed expenses will automatically fill in to your forecasted financial statements.

Biotech General Assumptions

  • The biotech financial projections begin with your starting assumptions where you can input major asset expenditures, loans, investments, and accounts payable to calculate how much cash you need to operate as well as calculate important items on the balance sheet. The template will calculate amortization, interest expense, depreciation and then input those items directly onto your projected balance sheet.

Biotechnology Salaries Planning

  • Precisely plan how many employees your biotech company will need and how that will impact your burn rate. The template will handle things like employer taxes, benefits, and any owner draws you plan to have.

Step 3: The model is automatically updated based on your assumptions

Biotechnology Financial Summary Tab

  • This At-A-Glace tab shows you a financial summary in the form of data visualizations, ratios, and biotech financial summaries, all ready to be copied into a pitch deck or business plan. 

Biotech Financial Pro Formas

  • There are six different biotech Financial Statement tabs: the annual formats of the income statement, cash flow statement, and balance sheet, and the month-by-month breakdowns of the same financial statements. Our balance sheets always balance, automatically. 

Investor & Valuation Friendly

  • The Investor Dashboard tab enables you, a lender, or an investor to play with any main assumptions of your biotech's revenue model. This tab will then display the income statement from your model and a special, modified income statement that updates as you manipulate the assumptions. This enables you to see how sensitive your model is to certain variables without any redundant data entry
 Income Projection Chart Example

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Profit and loss at a glance table
  • Use of start-up funds graph
  • Key ratios table ​​
  • Cash generated from operating activities graph
  • 5 years of monthly and annual income statement, cash flow and balance sheet reports
  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

Questions? Get in touch.
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What ProjectionHub Customers Think

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get the Biotechnology template now for $99

The template price: $



100% money-back guarantee for 30 days

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Our Projection Protection Guarantee

Love it or Swap it
If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.
Expert Review
After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.
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Help as You Go
Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.
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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections


We'll answer your questions about how the template works


We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

How to project revenue for a biotech startup?

The approach that we decided to take in our biotech financial model was to start with the total population in the geography that you hope to get approval for your pharmaceutical or medical device, then estimate the percentage of the population that could have a medical need for your product, this will give you the total addressable market. From there, you should project what your market share or market penetration will be along with your price point in order to determine projected revenue.

How long does it typically take a biotech company to generate revenue? 

One of the most difficult things about starting a biotech company is that you might not generate material revenue for years and years while you do R&D, then product testing, then apply for approval to sell your product. According to this Quora Q&A we see that it takes an average of 10 years from startup to first drug approval which means you can expect it to take at least a decade to generate material revenue.

How to value a biotech company? 

Valuing a biotech startup that is pre revenue can be incredibly difficult. The challenge with biotech startup valuations is the all or nothing nature of most biotech startups. You either will get approval for your pharmaceutical or medical device and will have opportunity to generate massive profits, or you won't get approval which means your company never generates profit. The approach that investors seem to take is to try to understand what the potential profits and cash flows could be for a biotech company if they receive product approval and then they apply a percentage likelihood of receiving approval to determine a valuation. As the probability of approval increases, the valuation will increase as well.