Alexandria's highly strategical task superior level is an integral constituent of the company's unwavering efforts to catalyze innovation successful medicine, a nationalist imperative, crossed its beingness subject ecosystems and since 1996 has enabled its aboriginal recognition of caller exertion platforms and disruptive products that person led to groundbreaking medicines to conscionable monolithic unmet aesculapian need
, /PRNewswire/ -- Alexandria Venture Investments, the strategical task superior level of Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, relation and developer of collaborative beingness science, agtech and exertion campuses successful AAA innovation clump locations with implicit 1,000 tenants, contiguous announced that it was recognized by Silicon Valley Bank successful its "Healthcare Investments and Exits: Annual Report 2022" arsenic the #1 astir progressive firm capitalist successful biopharma by caller woody measurement (2021–2022) for the sixth consecutive year. This important favoritism demonstrates Alexandria's presumption arsenic a cardinal person and trusted spouse wrong the beingness subject industry. Since the platform's motorboat successful 1996, Alexandria Venture Investments has actively invested successful world-leading beingness subject companies arsenic good arsenic promising agrifoodtech and clime innovation companies that are advancing new, transformative therapeutic modalities and innovative beingness subject platforms to meaningfully amended quality health. Alexandria's strategical task activity, a bedrock of its mission-driven business, continues to supply heavy insights into cardinal macro beingness subject manufacture and innovation trends; physique and nurture beardown relationships with serial entrepreneurs, world-renowned world institutions and task investors; and further heighten the REIT industry-leading tenant roster it has diligently cultivated implicit the years.
"While the beingness subject manufacture has made unthinkable strides, the accidental to amended quality wellness and illness done the painstaking probe and find process of new, caller medicines remains immense, with implicit 10,000 known diseases, astir 90% of which person nary approved treatments oregon cures. In the look of this staggering unmet aesculapian need, advancing caller and improved therapies and cures is simply a nationalist imperative," said Joel S. Marcus, enforcement president and laminitis of Alexandria Real Estate Equities, Inc. and laminitis and caput of Alexandria Venture Investments. "Everyone volition brushwood wellness challenges during their beingness and enarthrosis the outgo and proviso of attraction for loved ones arsenic they navigate dementia, intelligence illness, cancer, oregon cardiovascular, metabolic, autoimmune and different harrowing diseases and disorders. Even for diseases with disposable treatments, the unmet need is significant. Individuals with benignant 1 diabetes, for example, marque an estimated 180 health-related decisions regular — that's 1 determination each 5 minutes. We are incredibly arrogant of our more than 25-year past of investing successful highly disruptive companies pioneering cutting-edge therapeutic platforms that respond to the urgent needs of patients astir the world, including our singular aboriginal investments successful Alnylam and Moderna. And we are arsenic dedicated arsenic ever to partnering with trailblazing beingness subject companies to enactment the improvement of life-improving and life-changing treatments and cures."
Alexandria Venture Investments' aboriginal investments successful Alnylam and Moderna are tremendous examples of however the company's heavy knowing of the beingness subject manufacture has enabled its aboriginal recognition of and concern successful revolutionary technologies that person led to caller medicines that positively interaction the lives of patients astir the world. Recognizing the immense imaginable of Alnylam's RNAi exertion platform, Alexandria invested successful its Series A financing successful 2002. Today, longtime Alexandria tenant Alnylam is the starring RNAi therapeutics company, having successfully translated Nobel Prize-winning subject into aggregate commercialized therapeutic products benefiting patients astir the world. In 2012, soon aft Moderna was founded, Alexandria identified the transformative imaginable of the company's pioneering mRNA platform. Alexandria has some invested successful and provided Moderna with mission-critical existent property implicit the past decade. Now a world-leader successful mRNA therapeutics and vaccines, Moderna has implicit 20 non-COVID-related products successful objective improvement successful summation to its COVID-19 vaccines.
Innovative medicines are indispensable for preventing, treating and curing illness and a cardinal solution for driving down wide healthcare costs. The beingness subject industry's pursuit of new, precise and much effectual medicines, including analyzable modalities specified arsenic cell, cistron and RNA-based therapies, represents a important maturation accidental for the industry. Alexandria's proactive and disciplined task concern enactment remains captious to catalyzing the adjacent procreation of groundbreaking therapeutic platforms with immense imaginable to code a wide array of diseases, and yet fulfilling its ngo to beforehand quality wellness by curing illness and improving nutrition. The astir impactful innovation of the 21st period is astatine the intersection of biology and technology, for which the aboriginal prospects are enormous.
About Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® company, is simply a best-in-class, mission-driven beingness subject REIT making a affirmative and lasting interaction connected the world. As the pioneer of the beingness subject existent property niche since its founding successful 1994, Alexandria is the preeminent and longest-tenured owner, relation and developer of collaborative beingness science, agtech and exertion campuses successful AAA innovation clump locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland and Research Triangle. The trusted spouse to implicit 1,000 tenants, arsenic of September 30, 2022, Alexandria has a full marketplace capitalization of $33.3 billion and an plus basal successful North America of 74.5 cardinal SF, which includes 41.1 cardinal RSF of operating properties and 5.6 cardinal RSF of Class A properties undergoing construction, 9.9 cardinal RSF of near-term and intermediate-term improvement and redevelopment projects and 17.9 cardinal SF of aboriginal improvement projects. Alexandria has a longstanding and proven way grounds of processing Class A properties clustered successful beingness science, agtech and exertion campuses that supply our innovative tenants with highly dynamic and collaborative environments that heighten their quality to successfully enlistee and clasp world-class endowment and animate productivity, efficiency, creativity and success. Alexandria besides provides strategical superior to transformative beingness science, agrifoodtech, clime innovation and exertion companies done our task superior platform. We judge our unsocial concern exemplary and diligent underwriting guarantee a high-quality and divers tenant basal that results successful higher occupancy levels, longer lease terms, higher rental income, higher returns and greater semipermanent plus value. For further accusation connected Alexandria, delight sojourn www.are.com.
Forward-Looking Statements
This property merchandise includes "forward-looking statements" wrong the meaning of Section 27A of the Securities Act of 1933, arsenic amended, and Section 21E of the Securities Exchange Act of 1934, arsenic amended. Such forward-looking statements include, without limitation, statements regarding the likelihood of continued concern enactment by the Alexandria Venture Investments level and the imaginable impacts of specified investments connected Alexandria's business, mission, relationships, the companies successful which it invests, existent and aboriginal healthcare challenges, healthcare costs and the broader beingness science, agrifoodtech and clime innovation industries. These forward-looking statements are based connected the company's contiguous intent, beliefs oregon expectations, but forward-looking statements are not guaranteed to hap and whitethorn not occur. Actual results whitethorn disagree materially from those contained successful oregon implied by the company's forward-looking statements arsenic a effect of a assortment of factors, including, without limitation, the risks and uncertainties elaborate successful its filings with the Securities and Exchange Commission. All forward-looking statements are made arsenic of the day of this property release, and the institution assumes nary work to update this information. For much treatment relating to risks and uncertainties that could origin existent results to disagree materially from those anticipated successful the company's forward-looking statements, and risks and uncertainties to the company's concern successful general, delight notation to the company's filings with the Securities and Exchange Commission, including its astir caller yearly study connected Form 10-K and immoderate subsequently filed quarterly reports connected Form 10-Q.
CONTACT: Sara Kabakoff, Vice President – Strategic Communications, (626) 788–5578, skabakoff@are.com
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