Milton Park has published research which shows it is home to more than 7.5 per cent of the UK’s entire life sciences equity investment – a total of £953 million.
The report by Beauhurst shows £2.14 billion equity investment was generated across 272 companies which have been located at the park during the last decade. In 2021 alone, £842m of investment was generated including £226m by Exscientia and £1.89m by Immunocore, both NASDAQ listed companies.
Occupiers in the green energy sector on the park have secured £136m since 2013.
Of the 57 high-growth companies based at Milton Park, 12 have spun out from academic institutions. The most popular sectors for high-growth companies include pharmaceuticals and technology.
The combined turnover of companies at Milton Park is now £10.8 bn.
Philip Campbell, commercial director at MEPC Milton Park, said: “When I first had sight of this report, a common theme was clear: the companies based at Milton Park are trying to make all our lives better.
“This makes it a real privilege to be supporting so many innovative companies, playing a facilitating role in their pioneering discoveries – whether it’s Evotec making important advances in life-saving drug treatments, Emergex Vaccines developing T-cell vaccines or Tokamak Energy making strides in fusion energy technology.
“The Vale of White Horse District Council’s ambition to progress the local development order refresh will ensure, once approved, it continues to be the most comprehensive, simplified 10-day planning regime anywhere in the UK.
“This, combined with the single ownership of the park, will maintain an important role in helping us nurture and accommodate our occupiers in support of their ambitious growth journeys, while also aiding the government’s efforts in ensuring the UK becomes a science and technology superpower.”
Nigel Tipple, chief executive for OxLEP, said: “The findings in this report demonstrate Milton Park’s impressive contribution towards Oxfordshire’s world-leading innovation cluster.
“The increasing number of high-growth companies we’re seeing across the county are pivotal to ensuring global advances are continued to be made across life sciences, technology and energy while at the same time supporting both our local communities and UK PLC.
“Promoting sustainable economic growth is going to be key to realising the potential of the talent and innovation we’re privileged to have across Oxfordshire.”
The full report can be downloaded by submitting your details at: https://www.miltonpark.com/news/milton-park-companies-secure-over-7-of-uk-s-life-sciences-investment/
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