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 [email protected]
Figures about London

