Boston and San Francisco were ranked first and second with New York/New Jersey (fourth) and San Diego (fifth) making up the rest of the top five global locations.
Elsewhere in the UK, Manchester ranked 25th in the index. Savills also highlighted Edinburgh and Glasgow in Scotland as emerging hotspots which – while outside the main index – have the potential to grow.
To create the index the company examined locations based on the depth of their life science talent pools (including cost of talent), R&D investment and output, fundraising levels, business environment, cost of living and lifestyle factors, and property affordability.
Tom Mellows, head of UK science at Savills, said: “The Golden Triangle has taken some big strides forward this year and further consolidated its position as the UK’s centre of life science activity. It is also, according to our Index, the leading location in Europe for the industry. As we look towards the start of 2025 we’re expecting further investment and take-up from a range of occupiers from SMEs to larger corporates, as well as the re-activation of some larger requirements that were paused 12-24 months ago.”
You can read Savills’ full report here: Introducing the second of our Global Occupier Markets Spotlight publications, Spotlight on the Life Sciences Sector