The biotechnology industry in London is currently booming. The city's global role as a centre of excellence in the sector means that many of the scientific breakthroughs that prolong life, cure diseases and increase crop yields are coming from the UK.
Whilst the core of biotechnology involves research and development, major pharmaceutical and biotechnology companies need sales and marketing staff to promote their products in the commercial sphere. London's reputation on the world stage means it draws in graduates and postgraduates from all over the world, so there is stiff competition for most prestigious roles. London-based companies will also have employment opportunities for roles in finance, human resources and account management.
Britain and Greater London are seen as attractive locations for a number of biotechnology giants to have research and manufacturing centres, and Pfizer and Novartis are just two of the many American companies who have a strong presence in the region. The Association of the British Pharmaceutical Industry(ABPI) brings many young graduates into the industry by offering internships and training placements in London and the surrounding areas - on behalf of major players in the sector such as GlaxoSmithKline and Axis Shield. London-based recruitment agencies are also always on the look out for experienced and qualified research personnel.
Research and development scientists can earn anything between £25,000 and £50,000 working in staff positions in the city of London. However, senior researchers, project managers and other senior managers can earn a salary of up to £100,000.