MedCity (London)
A collaborative initiative to promote life sciences in London
MedCity is an initiative established to promote and develop the life sciences sector in London, United Kingdom. It was launched in 2014 with the aim of fostering collaboration between academic institutions, businesses, and the government to drive innovation and economic growth in the life sciences industry.
Overview[edit | edit source]
MedCity was created as a partnership between the Mayor of London and the London Academic Health Science Centres, which include some of the world's leading universities and hospitals. The initiative seeks to position London and the greater southeast of England as a world-leading, interconnected region for life sciences research, development, and commercialization.
Objectives[edit | edit source]
The primary objectives of MedCity are to:
- Enhance collaboration between academia, industry, and healthcare providers.
- Attract investment into the life sciences sector in London and the southeast.
- Support the growth of life sciences companies and startups.
- Promote London as a global hub for life sciences innovation.
Key Partners[edit | edit source]
MedCity works closely with several key partners, including:
- Imperial College London
- King's College London
- University College London
- Queen Mary University of London
These institutions are part of the London Academic Health Science Centres and play a crucial role in the research and development activities supported by MedCity.
Activities[edit | edit source]
MedCity engages in a variety of activities to support its objectives, such as:
- Organizing networking events and conferences to connect stakeholders in the life sciences sector.
- Providing support and advice to life sciences companies looking to establish or expand their presence in London.
- Facilitating access to funding and investment opportunities for startups and established companies.
- Promoting the region's capabilities and achievements in life sciences on an international stage.
Impact[edit | edit source]
Since its inception, MedCity has contributed significantly to the growth of the life sciences sector in London. It has helped attract substantial investment into the region and has supported numerous startups and established companies in their development and expansion efforts.
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Contributors: Prab R. Tumpati, MD