WHY LONDON
"London seems...to be a unique case. It has a number of leading Universities and research hospitals and accounts for over one third of the publicly funded research in Britain and trains over one quarter of the country's graduates. There are more venture capitalists and specialist services than elsewhere in the UK, and London is home to the UK and EU medicines regulatory agencies (Medicines Control Agency, Medical Devices Agency and European Medicines Evaluation Agency). We therefore believe that London has a huge potential for biotechnology start ups that can benefit from its unique strengths."
Biotechnology Clusters, report of a team led by Lord Sainsbury, Minister for Science, August 1999
London is Europe's most successful city at attracting foreign companies thanks to its international accessibility. London is the base of regulatory agencies, more than 50 clinical research organisations and hospitals, high profile investors and financial markets, and home to an international workforce and world-leading academic institutions