The number of UK startups and the amount of investment has taken off in the last five years, suggests BioCity analysis. With a growing funding base supporting the UK life science ecosystem, there have been an increase in the number of start ups in the UK by almost 50%, BioCity, a UK-based business incubator, stated in its recent report.
This number correlates with a significant increase in investment into life science startups, as investment has increased four-fold, to approximately £2.8bn ($3.6bn), in the same time period (2014-2018, compared to 2012-2016).
