The London BioScience Innovation Centre

What The London BioScience Innovation Centre does

The London BioScience Innovation Centre (LBIC) is a wholly-owned subsidiary of the Royal Veterinary College (RVC) and operates London's longest-established bioscience incubator, founded in 2000 to address the chronic shortage of compliant laboratory space for life science companies in central London. LBIC provides ready-to-go, fully-fitted CL2 laboratory and write-up office space across four facilities totalling 52,055 sq ft: LBIC: Apex (a 33,000 sq ft scale-up facility launched March 2025 within the Tribeca development in King's Cross), LBIC: McFadyean (250–1,100 sq ft start-up labs on the RVC Camden campus), LBIC: Amoroso (80–900 sq ft entry-level space), and LBIC: CVRM (specialist vaccine and cell therapy labs at the RVC Hawkshead campus in Potters Bar). The portfolio is complemented by a £150/month Virtual Client Package, meeting and event room hire, and bundled scientific and business support services (sterilisation, waste handling, gas supply, equipment calibration, plus a curated advisor network in HR, IP, regulatory, legal, and finance). All-inclusive pricing bundles rent, utilities, business rates, and service charges; leases are flexible with no long-term tie-in for startup spaces.

LBIC's commercial model is best understood as recurring real-estate-plus-services revenue from a long-tail base of 60+ active resident and virtual tenants spanning biotech subsectors (vaccines, cell therapy, gene control, AI-driven protein design, oral biologics, pathogen genomics, drug discovery) as well as established UK pharma firms and international subsidiaries. Customer acquisition is relationship-driven through direct enquiry, ecosystem referrals, and event sponsorship; the virtual package functions as a low-friction entry touchpoint that converts to physical tenancy over time. Co-location with the RVC and embedment within the King's Cross Knowledge Quarter (adjacent to the Francis Crick Institute, Google DeepMind, UCL, and Meta) underpin LBIC's distribution advantage and talent pipeline. Over 25 years, LBIC has supported 228–230 companies that collectively raised £2.47–2.5 billion in funding, produced 11 IPOs (or up to 27 IPOs/M&A exits per ON Awards announcement) and 5,000+ jobs, with 75% of alumni still active — a survival rate far above typical UK life science start-up norms. Recent strategic momentum centres on the Apex launch (70% occupancy within 12 months), a 2024 brand refresh consolidating to the 'LBIC' short-form identity, the 2025 One Nucleus 'Outstanding Contribution to Life Sciences' award, and deepening partnerships with SEC, One Nucleus, MedCity, and Reef Group.

Name

The London BioScience Innovation Centre

Legal name

The London BioScience Innovation Centre

Website

https://lbic.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

LBIC is London's longest-established bioscience incubator, operating four fully-fitted CL2 laboratory and office facilities (52,055 sq ft total) that serve life science start-ups, scale-ups, and pharma subsidiaries with flexible leases, scientific support services, and ecosystem access.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Laboratory and Office Space Rental: LBIC generates primary revenue from renting fully-fitted CL2 laboratory and write-up office spaces across its four facilities (Apex, McFadyean, Amoroso, CVRM). Spaces range from 80 sq ft to 3,701 sq ft. Pricing is quote-based; lease terms are flexible with no heavy capital expenditure required from tenants.
2. Virtual Client Packages: Monthly subscription at £150 + VAT per calendar month provides early-stage companies a London presence, 2 days hot desking per month, 24-hour access, meeting room access, and One Nucleus gold membership. Acts as a pipeline into physical tenancy.
3. Meeting Room Hire: LBIC offers meeting, board, and event spaces accommodating 1–40 people for both resident and non-resident companies, with catering available through RVC caterers. Additional revenue stream from day-rate room hire.
4. Scientific and Business Support Services: LBIC bundles and/or sells access to scientific support services (sterilisation, waste disposal, gas supply, equipment access) and a curated network of business advisors (audit, HR, IP, regulatory, recruitment, legal, marketing). Revenues are incorporated into all-inclusive service charges or charged separately as add-on services.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

The London BioScience Innovation Centre (LBIC) provides ready-to-go, fully-fitted CL2 laboratory and office spaces across four facilities (Apex, McFadyean, Amoroso, CVRM) in London and Hertfordshire for life science start-ups, scale-ups, and established companies. Its offering is supplemented by Virtual Client Packages, Scientific Support Services (sterilisation, waste disposal, gas supply), and a curated Business Support Network. Co-located with the Royal Veterinary College, LBIC operates as a serviced lab-space rental and innovation-centre business rather than a technology product company.

Product overview

LBIC operates as a unified platform offering ready-to-go, fully-fitted laboratory and office spaces across four distinct facilities in London and Hertfordshire, designed for life science companies at every stage from early-stage start-ups to scaling ventures. The portfolio includes LBIC: Apex (grow-on space for scale-ups), LBIC: McFadyean (start-up labs), LBIC: Amoroso (entry-level space), and LBIC: CVRM (specialist vaccine and cell therapy labs), supplemented by Virtual Client Packages for companies needing a London presence, plus Scientific Support Services and a Business Support Network.

Differentiator

Problem solved

Functional benefit

Products and services

• LBIC: Apex Scale-up laboratory and write-up suites (840 to 3,701 sq ft) for growing life science companies; fully fitted CL2 labs with 60:40 lab/office split, piped gas, generator backup, ground-floor LN2 storage, sterilisation suite, and shared collaboration space.
• LBIC: McFadyean Affordable start-up lab and office space (250 to 1,100 sq ft) located within the Royal Veterinary College Camden campus; fully fitted CL2 laboratories with minimum 6 air changes per hour and integrated piped gas.
• LBIC: Amoroso Entry-level affordable lab and office space (80 to 900 sq ft) for start-ups and spin-outs, co-located with the Royal Veterinary College Camden campus, with access to RVC cafes and collaboration spaces.
• LBIC: CVRM Specialist laboratory space (300 to 550 sq ft) for vaccine and cell therapy research at the Centre for Vaccinology and Regenerative Medicine on the RVC Hawkshead campus in Potters Bar; flexible agreement with minimum 30 days' notice.
• Virtual Client Package Monthly subscription package at £150 + VAT per calendar month for early-stage life science companies needing a London presence without physical space; includes 2 days hot desking per month, 24-hour access, meeting room access, reception services, RVC service access, events, and One Nucleus gold membership.
• Scientific Support Services Day-to-day lab operations support including sterilisation services, lab coat laundry, hazardous/clinical/cytotoxic waste disposal, piped gas provision, gas safety training, equipment calibration, liquid nitrogen and dry ice deliveries, and temperature-sensitive courier services.
• Business Support Network Curated network of life science business support specialists providing guidance in business operations, audit/tax/advisory, HR/insurance/IP, regulatory affairs, recruitment, legal, marketing, and innovation acceleration/funding.
• Meeting Room and Event Space Hire Hire of meeting, board, and event spaces accommodating 1–40 people for both resident and non-resident companies, with catering available through RVC caterers.

Quantifiable outcome

• 228–230 companies supported; 75% still active today (vs. typical UK life science start-up failure rate)
• +5 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered secondary, minor and core.

• Immune Propulsion / ImmuneProVMsecondaryStrategic or Co-development Partner · 18 June 2026Vetirus Pharmaceuticals (LBIC virtual client) entered a strategic partnership with Immune Propulsion's subsidiary ImmuneProVM to develop and commercialise IPVM-173, an IgG-degrading protease for companion animal cancer immunotherapy. Vetirus leads veterinary development; Immune Propulsion advances the platform for human medicine.
• DKMS UKminorOthers · 28 May 2026LBIC partnered with DKMS UK for World Blood Cancer Day (28 May 2026), raising awareness of blood cancers and stem cell donation. LBIC community members registered as donors via cheek swab.
• Royal Veterinary College (RVC)coreStrategic or Co-development PartnerLBIC is wholly owned by the RVC and co-located on its Camden campus. This parent-institution relationship provides LBIC clients direct access to RVC's world-class research facilities, biological services, specialist equipment (mass spectrometry, flow cytometry, confocal microscopy, RT-qPCR, etc.), contract research services, and a pipeline of bioscience graduates. RVC researchers collaborate with LBIC client companies and the LBIC CEO serves on the RVC's ecosystem board.
• One NucleuscoreGTM or Marketing PartnerStrategic partnership offering LBIC client companies One Nucleus membership benefits including networking channels, specialised training programmes, research-oriented events, and cost-effective group purchasing schemes. LBIC hosts One Nucleus events and collaborates on initiatives benefiting the London life sciences community. Both organisations are committed to supporting life science company success in London.
• King's Cross Knowledge QuartercoreOthersLBIC is located within the King's Cross Knowledge Quarter, a cluster of 100+ cultural, research, scientific, business, and academic institutions. LBIC CEO Dr Rich Ferrie serves on the Knowledge Quarter Board of Directors. The partnership connects LBIC clients to a broader ecosystem including The Francis Crick Institute, UCL, Google DeepMind, Meta, and others within a one-mile radius of King's Cross St Pancras.
• MedCitysecondaryStrategic or Co-development PartnerLBIC collaborates with MedCity on events, initiatives, and ecosystem development for London's life sciences sector. LBIC's COO participated in a MedCity study visit to Barcelona to benchmark London's ecosystem. Co-hosts events such as the Investor Focused Roundtable.
• Science Entrepreneur Club (SEC)secondaryGTM or Marketing PartnerLBIC partners with SEC to host the Innovators Club accelerator programme (Cohort VI with 8 life science start-ups). LBIC provides a 12-month virtual membership prize to the winning cohort company. SEC's BioCapital Network links LBIC clients to 500+ active investors. SEC's BioEntrepreneur Club connects 250+ founders and C-suite leaders.
• Macmillan Cancer Support, Save the Children, Anthony NolanminorOthersLBIC supports these charities as part of its community engagement and social impact programme. Macmillan, Save the Children, and Anthony Nolan are listed as charity partners with LBIC facilitating fundraising and awareness activities.
• Reef Group (Tribeca Development)secondaryImplementation/ SI/ Consulting PartnerLBIC: Apex is located within the Tribeca development delivered by Reef Group — London's largest purpose-built life sciences development. Reef Group is the developer/landlord providing the physical facility; LBIC manages the lab operations and tenant experience within the Apex building.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Kadans Science Partner: European operator of laboratory and office space for life science and technology companies across multiple countries including the UK, Netherlands, Germany, and France. Comparable as a multi-site operator of purpose-built life science facilities, but at significantly larger international scale than LBIC.

Direct peers

• Discovery Park: Large life science and technology campus in Sandwich, Kent offering laboratory and office space to a mix of startups, scale-ups, and established pharma. Comparable to LBIC as a UK life science facility operator serving a tenant mix of startups through to established companies.
• BioCity Nottingham: UK life science and medtech incubator offering laboratory and office space to early-stage companies across multiple UK sites. Directly comparable as a UK bioscience incubator serving startups with a similar tiered facility offering.
• Oxford BioEscalator: University of Oxford's biology-focused incubator providing laboratory and office space to early-stage life science startups. Directly comparable as a UK university-anchored bioscience incubator with similar tenant profile and stage progression.
• Stevenage Bioscience Catalyst: UK life science incubator located on the GSK Stevenage campus, providing lab and office space to early-stage biotech companies. Directly comparable as a UK bioscience incubator serving startup/scale-up tenants with a similar academic/industry co-location model.
• Babraham Research Campus: Cambridge-based life science campus offering incubator and grow-on laboratory space for biotech startups, co-located with the Babraham Institute. Comparable as a UK life science incubator with academic institution partnership and a similar tenant graduation model.
• Bruntwood SciTech: UK-based operator of purpose-built laboratory and office space for life science and tech companies across multiple UK cities (Manchester, Birmingham, Cambridge, Liverpool). Directly comparable to LBIC in offering serviced CL2 lab space to startups and scale-ups, but at significantly larger scale.
• Edinburgh BioQuarter: Life science innovation campus co-located with the University of Edinburgh and NHS Lothian, providing lab and office space to biomedical startups and scale-ups. Comparable as an academic-anchored UK bioscience incubator with similar proximity benefits to research infrastructure.
• Manchester Citylabs: Manchester-based laboratory and office space complex operated by Manchester University NHS Foundation Trust, serving health and life science startups. Comparable as a UK incubator offering serviced lab space to early-stage life science companies within a healthcare institution setting.
• The Biosphere Newcastle: Newcastle-based life science incubator providing laboratory and office space to biotech startups, part of the Centre for Life complex. Comparable as a UK regional bioscience incubator with a similar academic co-location model and tenant base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/LBICLondon
• LinkedInlinkedin.com/company/london-bioscience-innovation-centre

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The London BioScience Innovation Centre