The Institute of Cancer Research, London, is delighted to welcome the new London Growth Plan, launched by Mayor of London Sadiq Khan , which places life sciences at the forefront of an ambitious strategy to boost the capital’s economic growth.
The Institute of Cancer Research (ICR) is a key partner at The London Cancer Hub, one of a consortium of ‘innovation clusters’ from across London, who are already working collaboratively to meet many of the goals laid out in the mayor’s plan.
London is already considered to be one of the leading cities in Europe for life sciences and other innovative scientific areas, including tech and artificial intelligence. However, the new Plan will further support and boost the growth of specialist life science clusters – ‘walkable’ districts that bring together partners from sectors including academic research, investors, startups, corporates and, for life sciences, hospitals.
Along with The London Cancer Hub, the other clusters to welcome the launch of the new plan are Barts Life Sciences, Whitechapel, Canary Wharf Life Sciences and Healthcare, The Knowledge Quarter, Olympic Park Innovation District, Paddington Life Sciences and White City Innovation District.
The innovation clusters are now looking forward to working with the Mayor's Office and other stakeholders to deliver the actions set out in the plan.
Dr Jon Wilkinson, Director of Business and Innovation, at The Institute of Cancer Research, London, said:
“London is one of the best places in Europe for companies in the life-sciences to spin out and start up – thanks to factors including the excellence of London’s universities, the possibility of partnerships with the NHS, the ready availability of lab space, and the availability of funding for new companies thanks to the presence of the City of London.
“So, we’re delighted to see the new London Growth Plan recognising the strength of our life-sciences sector in London, and especially measures aimed at stimulating growth through supporting innovation at frontier innovation clusters. We're especially pleased to see The London Cancer Hub referenced in the plan – this is an oncology-focused district in Sutton, where we're working with partners including Sutton Council, developers Socius, and Aviva to generate new commercial partnerships, create jobs, stimulate economic growth, and above all to create new treatments that benefit cancer patients.
Councillor Barry Lewis, Leader of Sutton Council, a leading partner at The London Cancer Hub, said:
“Our vision for Sutton is to become the global centre for oncology in London. The life science sector will be pivotal to the future growth of the capital over the coming years, and I am delighted that the Mayor’s growth plan names the London Cancer Hub in Sutton as the key engine for this growth.
“The London Cancer Hub is already delivering life changing cancer drug discoveries alongside world-leading cancer care through the Institute of Cancer Research (a member institution of the University of London) and the Royal Marsden NHS Trust. A multi-million investment from Aviva working with developer Socius will further expand the district and will bring more commercial and community spaces.”