Oxford named third in UK life sciences growth ranking
Summarised from 2 outlets · Updated 12 Oct, 06:18 · Archive
Oxford ranked third in the Alchemy Towns Index, a study of 40 UK cities' potential for life sciences development.
Oxford has been named one of the UK's top cities for future life sciences growth, ranking third in the Alchemy Towns Index. The study was produced by ING, a built world communications and research consultancy, and commissioned by construction and civil engineering company McLaughlin & Harvey. It evaluated 40 towns and cities across eight factors influencing life sciences development, including housing availability and affordability, talent catchment, digital infrastructure and local planning efficiency.
Oxford performed strongly on commercial property and the size and growth of its life sciences cluster. It also ranked in the top five for life sciences anchor institutions, planning efficiency, quality of life and market access. However, the city placed 21st for digital infrastructure and 39th for housing availability and affordability.
Alan Mackenzie, lead for life sciences and commercial at McLaughlin & Harvey, said: 'The UK's leading life sciences locations remain world-class, but scientific excellence will not be enough on its own to determine where the sector grows next. Places that can combine talent with homes, infrastructure and viable development opportunities are ideally placed to accommodate growing businesses and attract investment.'
How it is being reported
- Oxford named among UK’s top cities for life sciences growthOxford ranked third in the Alchemy Towns Index, a new study of 40 towns and cities produced by ING.Oxford Mail · 12 Oct, 05:00
- Oxford named among UK’s top cities for life sciences growthOxford ranked third in the Alchemy Towns Index, a new study of 40 towns and cities produced by ING.Oxfordshire Guardian · 12 Oct, 05:00
In this story: Oxford · ING · McLaughlin & Harvey · Alan Mackenzie
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