LIFE SCIENCES

What arE thE opportuNItIES WIthIN thE LIFE SCIENCES SECtor?

Liverpool already holds an excellent portfolio in health and bioscience related disciplines in both the commercial and non-commercial sectors. the city has probably the largest national grouping of complementary services in medicine, veterinary science and tropical medicine; has the largest concentration of biopharmaceutical industry in Europe and hosted the uK’s National Biomanufacturing Centre, which has since become a private company.

Liverpool can offer businesses the research base, skills and experience to discover, develop, trial and manufacture biopharmaceuticals.

Well-funded, highly-serviced and well-characterised patient population make Liverpool an excellent place for clinical research.

the city centre’s knowledge quarter, which encompasses the university of Liverpool, Liverpool John Moores university, the existing royal Liverpool university hospital (being replaced with a new £424m hospital building), the Liverpool School of tropical Medicine, 2Bio and the Liverpool Science park provides for a concentration and co-location of research, industry and healthcare provision collaborating in health related research and clinical trials, enabling Liverpool to be a centre of global excellence in biomedical sciences, building on its existing biomedical science cluster of health provision, research and industry.

Liverpool’s strengths in the life sciences sector are nationally important particularly in the area of bio-manufacturing and the city has an advanced Life Sciences base coupled with formidable knowledge assets.

Liverpool and the City region is home to over 90 life science companies delivering products and services worth in excess of £1.5 billion per annum, contributing over £300 million in GVa to the local economy.

CaN you GEt thE SKILLEd pEopLE you NEEd?

Liverpool has a thriving, well established and diverse Life Sciences sector, and along with the wider region, is part of the uK’s top 3 biomedical centres and a member of the ‘European Super League’ of biotech cities.

the area has significant assets in both the research and clinical base, including three local universities and seven hospital trusts.

around 234,000 people of working age are educated to degree level, and the city’s universities of Liverpool hope university, Liverpool John Moores and the university of Liverpool provide an average annual student population of around 53,000 with a strong focus on Life Sciences all of which, collectively, provide a valuable source of new local, highly skilled and scientific talent.

the university of Liverpool and Liverpool John Moores university both have significant research expertise which is ranked at a high international standard and this is supported by other world class r&d centres, including Liverpool’s School of tropical Medicine.

hoW CoSt EFFECtIVE IS a LIVErpooL BaSE?

Locating your business in Liverpool will give you an immediate competitive edge:

• uK government data estimates that wages in Liverpool are 10% lower than the national average.

• Land and property costs are lower than many places throughout the uK, which will give you a significant rental saving - often over 25% lower compared to other cities. Quality Grade a office space in Liverpool is available for around £18 per square foot whereas equivalent property in another uK bioscience location, Cambridge can cost up to 40% more.

• It is not inconceivable therefore that a 50 person bio-pharmaceutical research facility could involve operational costs savings of £0.25m per annum by locating in Liverpool over Cambridge for example.

• Broadband is key to the continued growth of Liverpool’s thriving economy, and Liverpool has world class connectivity and a reputation for pioneering innovative systems including the £1m Fibrenet project that links key business locations by a superfast broadband “ring road”.

Liverpool Science parkLiverpool has a highly skilled pool of scientific talent

Wage costs in Liverpool are 10% lower than the UK average

Liverpool’s four universities providea valuable source of new local, highly skilled scientific talent

Liverpool’s research base is engaged in delivering in excess of £470 million of research activity

Grade A office space in Liverpool is up to 25% cheaper than comparable UK cities

8 million people, 13% of the uK population live within 50 miles of Liverpool*

20.5 million people, 33% of the uK population live within 100 miles of Liverpool*

CaN SENIor StaFF rELoCatE?

• Liverpool can offer city centre living or a selection of coastal, suburban or countryside residential locations. house prices offer tremendous value - average house prices are half the price of the average for the South East of England.

• across Liverpool there is a range of high quality education establishments. the Liverpool Blue Coat School is one of the 50 highest performing state schools in the country and Merchant taylor’s Liverpool is one of the 100 highest performing independent schools. of course there are also Further and higher education establishments - notably the university of Liverpool and Liverpool John Moores university.

• outside of all the usual city centre activities, Liverpool is perhaps unusual with the coast offering a range of opportunities for water sports, whilst the Lake district, Snowdonia, peak district and yorkshire dales National parks are all within 2 hours drive.

• the city has several theatres, two premier League football teams and the City region is unique in England as an area with 2 open Championship golf courses.

• the city is also very proud of its World heritage Site status which is world-wide acknowledgement of the significance of its waterfront building heritage.

Who ELSE haS aLrEady rECoGNISEd thE opportuNIty?

Multinational names such as Novartis, Eli Lilly, astra Zeneca actavis and Baxter healthcare are based in Liverpool as well as dynamic companies such as redX pharma, Iota Nano Solutions.

In addition, there are a wealth of new startups, spin outs from the universities and incubation units as well as an active research and clinical - base.

our companies sell product with a market value in excess of £1.7 billion per annum and our research base is engaged in delivering in excess of £470 million of research activity with partners across the globe.

hoW EaSILy CaN CoMpaNy StaFF aNd CuStoMErS VISIt LIVErpooL?

• Wherever your customers are based and no matter which of your offices need to stay connected to Liverpool, the city is easy to reach.

• London is 2 hours away by train - and just as importantly there are train services every hour.

• Liverpool is also connected by direct rail services to Manchester, Birmingham, Leeds, Sheffield, Nottingham and others - and of course by motorway to the central belt of Scotland, Newcastle, Bristol are all within 4 hours drive time.

• For international connections there is a choice of both Liverpool and Manchester airports which are both within 45 minute drive time.

• Between these airports there are flights offered to virtually every European country, as well as scheduled flights to the uS (New york, Chicago, atlanta, philadelphia and orlando); Canada; Middle East and Singapore.

• once here, Liverpool can boast the range of hotels, restaurants, nightlife, culture, events, shopping and attractions that you would expect from a major international city.

APPROXIMATE ROAD JOURNEY TIMES*

Cardiff 3hrs 32minBirmingham 2hrsBristol 3hrs 11minEdinburgh 4hrs 5minGlasgow 3hrs 40minHull 2hrs 11minLeeds 1hr 18minLondon 3hrs 30minManchester 46minNewcastle 3hrsNottingham 2hrs 8minPlymouth 5hrs 6minSheffield 1hr 42minSouthampton 4hrs 10min* Source: AA

APPROXIMATE RAIL JOURNEY TIMES*

Cardiff 3hrs 40minBirmingham 1hr 30minBristol 3hrs 20minEdinburgh 3hrs 24minGlasgow 3hrs 30minHull 3hours 13minLeeds 1hr 47minLondon 2hrs 8minManchester 48minNewcastle 3hrs 23minNottingham 2hrs 38minPlymouth 5hrs 37minSheffield 1hr 43minSouthampton 4hrs 37min* Source: National Rail Enquiries

* data source oNS mid year estimates 2010

a second crossing of the Mersey; and the significant £5.5bn mixed-use regeneration proposals by peel for the redundant dockland area of the city.

all in all, there has never been a better time to move business into Liverpool. the Liverpool City region generates £23bn in economic output every year and in the last decade Liverpool was one of the uK’s fastest growing cities recording a 39% increase in output - the city is vibrant, dynamic and alive with opportunity.

What NEXt

Liverpool is known for its distinctiveness, friendliness, passion and pride - we are waiting to hear from you to demonstrate our offer and answer many of the other questions that you may have concerning our great city.

Email Liverpool Vision at invest@liverpoolvision.co.uk or telephone 0151 600 2961 for help and we look forward to working on your plans with you.

CaN WE aCCoMModatE you?

Liverpool presents a key opportunity for public and commercial clinical research and trials, supported by large, well categorised patient registers, clinical excellence in multiple areas and an established support structure.

Liverpool has a breadth of available sites and specialist facilities ideally suited to Life Sciences companies, whatever the growth stage, including MerseyBio and Liverpool Science park, Liverpool Innovation park and the Liverpool Science Centre.

Lab based facilities are available in MerseyBio, Liverpool Science park and the new Liverpool BioCampus. this encompasses a bio innovation centre which includes lab and office space, commercialisation and support centre as well as clinical research facilities and a state of the art teaching hospital.

IS thErE Support to hELp you EStaBLISh EaSILy?

By locating in Liverpool your business can benefit from tailor-made free of charge support to help enable your operations to be established efficiently and effectively.

• Liverpool Vision’s role is to help set out what you need to make your investment happen and address any concern that may arise as your plans progress. typically this will mean Liverpool Vision providing the information that can build the business case - Generally (but not limited to) information on the availability of people, property, finance, research opportunities and suppliers; and the cost of each of these various elements.

• In some cases, it may be that your project qualifies for some support from public funding and we can also assist with the identification of any suitable routes for this support.

• as the project progresses we can help ensure that the implementation of the project goes to plan and introduce you to the wider network of professional organisations across the city that can help ensure that you prosper into the future.

What IS happENING IN thE WIdEr LoCaL ECoNoMy?

outside of the Life Sciences sector there are lots of other things going on across the city economy.

Many major companies are investing here including Jaguar Land rover - who make the Evoque and Freelander Models in the city; Maersk, Barclays Wealth, and Bibby Line who straddle both maritime and financial services activities and are one of Liverpool’s oldest major companies.

other companies with a significant presence in Liverpool and the wider region include princes Group, Johnson Controls, unilever and many others.

alongside the redevelopment of the royal Liverpool hospital additional investment in the city includes a number of very large regeneration projects - the £300m expansion plans of the port of Liverpool, a major bridge project (£600m) creating

the world leading Liverpool School of tropical Medicine

it’s liverpoolRegeneration

SkillsInvestment

Opportunity