A city with an unparalleled reputation for research excellence, innovation and commercial opportunity, London has the highest concentration of leading universities and top pharmaceutical company research and development (R&D) locations in Europe. Additionally, London is home to 110-plus incubators, making the UK capital the largest tech ecosystem on the continent.
The life sciences sector is growing in response to increasing demand for novel solutions for screening, healthcare, research diagnostics and treatment. London life sciences turnover as grown on average by 5.8% year-on-year in the past five years4, showcasing London as a supportive ecosystem for the growing life sciences sector.
A city with globally recognised academic excellence and several top-ranked universities, London is primed to pioneer the latest developments in life sciences, including digital health, remote monitoring, new diagnostic approaches, advanced therapies and gene technologies. In 2018 and 2019, University College London generated £9.9bn of economic impact in the UK, with research and knowledge exchange activities alone providing £4.1bn5, showcasing the thriving environment offers for life sciences enterprises.
Seven life sciences districts span the city, with a location to suit every business need. Along with its vibrant social scene and multitude of theatres, art galleries, famous landmarks, restaurants and cafes, London is a world-leading city for living and working. Look at the sector map below to explore London's life sciences districts.
"By 2030, there will be an additional 6.2m sq ft of lab and office space dedicated to Life Sciences in London. That’s 2.5 times the space in Oxford and Cambridge’s combined science parks. These developments will accommodate 80,000 direct jobs, which is more than the entire Life Sciences workforce of Sweden. By 2030, London’s economy will have contributed an additional £13.25bn to UK R&D spending, which is roughly equivalent to the cost of 3,300 phase I clinical trials."
Discover how you can partner with London to leverage world-class healthcare facilities and expertise & explore collaboration opportunities and find out how London can help your start-up grow and reach to markets.
