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Life Science in London

The London proposition to the Life Sciences sector sits within the context of the UK national picture where highlights include:*

Facts about the UK 

£56bn - Pharmaceuticals, medical biotechnology and medical technology sectors together comprise around 4,500 firms, employing 183,000 staff, with an R&D spend of nearly £5billion and an annual turnover of over £56 billion.

28% - of the life science workforce comes from companies supplying services and products to the industry such as clinical trial management, assay development, regulatory advice for a turnover of £17bn.

20 – The 20 top global pharmaceutical companies have sites in the UK representing 80% of the total sector employment.

20% - The UK has the largest biopharmaceutical pipeline in the EU, with 20% of biopharmaceuticals in development originating in the UK.

1000 - With more than 1000 medical biotechnology companies and over 3200 medical technology companies, the UK has one of the largest Life Sciences sectors in Europe.

3,200 - NIHR Clinical Research Networks supported the practical delivery of 1477 new clinical studies in 201-14 through the recruitment of over 600,000 patients.

* Information obtained from UK Trade & Investment

Key strengths and opportunities of London

Multinational Pharma and Med Tech

Proximity to regulators, City and largest customer (DoH/NHS)
Leading R&D and clinical sites for KOL access, trials and innovation pipeline
Business connectivity to global operations

Life Science Service Sector (Clinical)

Engagement with KOLs and trial centres
Proximity to regulators
Business connectivity to global operations

Development stage primary life science companies

Proximity to R&D and clinical excellence partners
Access to regulators and investors
Innovation centre space

Life Science Service Sector (Technical)

Access to large Academic  institutions as customers and partners
Access to healthcare providers using technology platforms
Innovation centre space 

For more information on Life Sciences in London, please contact

Figures about London