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Alexandria Real Estate Equities, Inc. Enables the Discovery, Development and Delivery of New Innovative Medicines That Are Key to Addressing Significant Unmet Medical Need

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Alexandria Real Estate Equities (NYSE: ARE), a leading owner and developer of life science campuses, continues to support the development of new therapies in the $5 trillion life science industry. The company's tenants are responsible for five out of six innovative medicines approved by the FDA in 2024, and over 80% of FDA approvals for innovative medicines this year. Since 2013, Alexandria tenants have developed half of all FDA-approved novel therapies.

The company highlights the significant growth in innovative medicine approvals, with a 286% increase between 2017-2020 and 2021-YTD 2024 periods. The immunology market is expected to grow from $103 billion in 2024 to $257 billion by 2032, becoming the second-largest biopharmaceutical spending area by 2028.

Alexandria Real Estate Equities (NYSE: ARE), un importante proprietario e sviluppatore di campus scientifici, continua a sostenere lo sviluppo di nuove terapie nell'industria delle scienze della vita da 5 trilioni di dollari. I locatari dell'azienda sono responsabili di cinque dei sei medicinali innovativi approvati dalla FDA nel 2024, e oltre l'80% delle approvazioni della FDA per medicinali innovativi di quest'anno. Dal 2013, i locatari di Alexandria hanno sviluppato la metà di tutte le nuove terapie approvate dalla FDA.

L'azienda evidenzia la significativa crescita nelle approvazioni di medicine innovative, con un aumento del 286% tra il 2017 e il 2020 e nei periodi dal 2021 a oggi del 2024. Si prevede che il mercato dell'immunologia cresca da 103 miliardi di dollari nel 2024 a 257 miliardi di dollari entro il 2032, diventando il secondo settore in termini di spesa biopharmaceutica entro il 2028.

Alexandria Real Estate Equities (NYSE: ARE), un importante propietario y desarrollador de campus de ciencias de la vida, continúa apoyando el desarrollo de nuevas terapias en la industria de las ciencias de la vida de 5 billones de dólares. Los inquilinos de la empresa son responsables de cinco de los seis medicamentos innovadores aprobados por la FDA en 2024 y más del 80% de las aprobaciones de la FDA para medicamentos innovadores este año. Desde 2013, los inquilinos de Alexandria han desarrollado la mitad de todas las nuevas terapias aprobadas por la FDA.

La empresa destaca el significativo crecimiento en las aprobaciones de medicamentos innovadores, con un aumento del 286% entre los períodos 2017-2020 y 2021-hasta la fecha de 2024. Se espera que el mercado de inmunología crezca de 103 mil millones de dólares en 2024 a 257 mil millones de dólares para 2032, convirtiéndose en la segunda área de gasto biofarmacéutico más grande para 2028.

알렉산드리아 리얼 에스테이트 이퀴티스 (NYSE: ARE), 생명 과학 캠퍼스의 주요 소유자이자 개발자로서, 5조 달러 규모의 생명 과학 산업에서 새로운 치료법 개발을 지원하고 있습니다. 이 회사의 세입자는 2024년 FDA에서 승인된 혁신적인 의약품 6개 중 5개를 담당하며, 올해 혁신적인 의약품에 대한 FDA 승인 중 80% 이상을 차지하고 있습니다. 2013년 이후 알렉산드리아의 세입자는 FDA에 의해 승인된 모든 새로운 치료법의 절반을 개발했습니다.

회사는 혁신적인 의약품 승인에서 2017-2020년과 2021년부터 현재까지의 286% 증가라는 중대한 성장을 강조합니다. 면역학 시장은 2024년 1030억 달러에서 2032년 2570억 달러로 성장할 것으로 예상되며, 2028년까지 생물 제약 지출 분야의 두 번째로 큰 영역이 될 것입니다.

Alexandria Real Estate Equities (NYSE: ARE), un propriétaire et développeur de campus en sciences de la vie de premier plan, continue de soutenir le développement de nouvelles thérapies dans l'industrie des sciences de la vie de 5 billions de dollars. Les locataires de l'entreprise sont responsables de cinq des six médicaments innovants approuvés par la FDA en 2024, et plus de 80 % des approbations de la FDA pour des médicaments innovants cette année. Depuis 2013, les locataires d'Alexandria ont développé la moitié de toutes les thérapies novatrices approuvées par la FDA.

L'entreprise souligne la croissance significative des approbations de médicaments innovants, avec une augmentation de 286 % entre les périodes 2017-2020 et 2021-à ce jour 2024. Le marché de l'immunologie devrait passer de 103 milliards de dollars en 2024 à 257 milliards de dollars d'ici 2032, devenant ainsi le deuxième domaine de dépenses biopharmaceutiques d'ici 2028.

Alexandria Real Estate Equities (NYSE: ARE), ein führender Eigentümer und Entwickler von Lebenswissenschafts-Campus, unterstützt weiterhin die Entwicklung neuer Therapien in der 5-Billionen-Dollar-Lebenswissenschaftsbranche. Die Mieter des Unternehmens sind verantwortlich für fünf von sechs innovativen Arzneimitteln, die 2024 von der FDA genehmigt wurden, und über 80% der FDA-Zulassungen für innovative Arzneimittel in diesem Jahr. Seit 2013 haben die Mieter von Alexandria die Hälfte aller von der FDA genehmigten neuartigen Therapien entwickelt.

Das Unternehmen hebt das signifikante Wachstum bei den Genehmigungen innovativer Medikamente hervor, mit einem Anstieg von 286% zwischen 2017-2020 und 2021-bis heute 2024. Der Immunologiemarkt wird voraussichtlich von 103 Milliarden Dollar im Jahr 2024 auf 257 Milliarden Dollar im Jahr 2032 wachsen und bis 2028 der zweitgrößte Bereich der biopharmazeutischen Ausgaben werden.

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  • Tenants responsible for 5 out of 6 FDA-approved innovative medicines in 2024
  • Tenants account for over 80% of FDA approvals for innovative medicines in 2024
  • Strong market position in growing $5 trillion life science industry
  • 286% increase in FDA innovative medicine approvals between 2017-2020 and 2021-YTD 2024
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Insights

This news is primarily about ARE's strategic positioning in the life sciences real estate sector and their tenant achievements. Key metrics show strong performance:

  • ARE tenants developed 50% of FDA-approved therapies since 2013
  • In 2024, tenants account for 80% of FDA approvals for innovative medicines
  • The immunology market is projected to grow from $103 billion to $257 billion by 2032

The company's strategic focus on life science mega campuses in premium locations positions them well to capture growth in the $5 trillion life science industry. Their tenant quality and long-term relationships with innovative companies like Moderna demonstrate strong competitive advantages in the specialized real estate segment.

The broader healthcare context presents significant growth opportunities for ARE's business model. With only 10% of known diseases currently treatable and U.S. healthcare spending at $4.5 trillion in 2022, there's substantial room for expansion in life science real estate demand. The 286% increase in FDA innovative medicine approvals between 2017-2020 and 2021-YTD 2024 periods indicates accelerating industry momentum. The shift toward specialized treatments and breakthrough therapies, particularly in immunology, suggests sustained demand for sophisticated lab spaces that ARE provides.

Alexandria to lead mission-critical panel on immunology and inflammation as a cornerstone of treating human disease tomorrow at the 2024 Galien Forum USA at the Alexandria Center® for Life Science – New York City

PASADENA, Calif., Nov. 6, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative mega campuses in AAA life science innovation cluster locations, continues to leverage its position at the vanguard and heart of the $5 trillion secularly growing life science industry to foster the development of new therapies and cures for the 10,000 diseases known to humankind, of which less than 10% are currently addressable with treatments. With $4.5 trillion in U.S. healthcare spending in 2022, the majority of which is attributed to hospital and physician services, the opportunity to reduce the economic burden on the country and better manage disease for patients through the development of new innovative medicines remains immense. Driven by decades of scientific discovery, the U.S. Food and Drug Administration (FDA) this year has approved 38 novel small molecule and biologic therapies, as well as six new innovative medicines, which include novel vaccines and next-generation modalities such as cell, gene and mRNA-based therapies. Alexandria tenants are responsible for five of these six innovative medicines, reflecting the cutting-edge science taking place within the company's Labspace® facilities and the high quality of the company's client base. Innovative medicines continue to gain momentum with a 286% increase in approvals by the FDA in this class between the 2017–2020 and 2021–YTD 2024 periods.

"As innovative medicine approvals by the FDA have ramped up over the past several years, the promise of next-generation medicine is being realized in key areas of unmet need, including oncology, neurodegenerative and psychiatric disorders and diseases of the immune system, which means expanded treatment options and enhanced quality of life for patients," said Joel S. Marcus, executive chairman and founder of Alexandria Real Estate Equities, Inc. and Alexandria Venture Investments. "Innovation in medicine is the only effective path to solving the over 90% of diseases that currently have no treatments and to reducing long-term costs associated with the healthcare system. New medicines delivered to patients and early detection of costly diseases, like Alzheimer's or cancer, mean fewer visits to the hospital and fewer treatments over the long term. At Alexandria, we are working to ensure that the life science industry can maintain its collaborative science-driven advantage as one of the world's most innovative, impactful and critical industries, and one that is vastly improving health and well-being."

Alexandria has a remarkable track record of partnering with trailblazing life science companies to enable the development of life-changing and lifesaving treatments and cures. Since 2013, Alexandria tenants have developed or commercialized half the novel FDA-approved therapies, and so far in 2024, they have been responsible for over 80% of the FDA approvals for innovative medicines. Many of these approvals are first-of-their-kind medicines. Notably, Moderna, with which Alexandria began its strategic relationship in 2012, received approval for a respiratory syncytial virus (RSV) vaccine. Moderna's novel RSV vaccine validates the potential of its paradigm-shifting mRNA technology to address multiple diseases, and it is also the first mRNA vaccine to be approved for a disease other than COVID-19. Included among the Alexandria tenants harnessing the immune system to treat cancer is Iovance Biotherapeutics, which received FDA approval for the first tumor-infiltrating lymphocyte cell therapy to treat advanced melanoma. Alexandria has been providing mission-critical real estate to Iovance in the San Francisco Bay Area since early 2022.

The field of immunology and inflammation has emerged as fundamental to how we approach a wide array of human diseases. Recent breakthroughs in our understanding of the immune system are leading to revolutionary therapies and opening new frontiers in medical science. Moreover, immunology is predicted to become the second-largest area of biopharmaceutical spend by 2028, behind oncology, and the global immunology market is expected to more than double from nearly $103 billion in 2024 to $257 billion by 2032.

In light of the paramount importance of this burgeoning field, Alexandria is leading a mission-critical panel titled "Immunology & Inflammation – A Cornerstone of Treating Human Disease" tomorrow, November 7, 2024, at the 2024 Galien Forum USA at the Alexandria Center® for Life Science – New York City. Co-moderated by Mr. Marcus and Lynne Zydowsky, PhD, chief of science of Alexandria, the pivotal discussion will feature pioneers in immunology who will delve into the latest advances, current challenges and future opportunities for harnessing the immune system to combat chronic and inflammatory disorders. Alexandria's panel will also explore how immunological and anti-inflammatory approaches are reshaping our understanding of disease mechanisms and opening new opportunities for treatment. These latest developments — from engineered cell therapies to novel immunomodulatory drugs — hold the promise to transform the treatment landscape for millions of patients worldwide.

Alexandria Real Estate Equities, Inc. All rights reserved. ©2024 (PRNewsfoto/Alexandria Real Estate Equities, Inc.)

About Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche with our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator and developer of collaborative mega campuses in AAA life science innovation cluster locations, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle and New York City. As of September 30, 2024, Alexandria has a total market capitalization of $33.1 billion and an asset base in North America that includes 41.8 million RSF of operating properties, 5.3 million RSF of Class A/A+ properties undergoing construction, and one committed near-term project expected to commence construction in the next two years. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity and success. Alexandria also provides strategic capital to transformative life science companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns and greater long-term asset value. For more information on Alexandria, please visit www.are.com.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements regarding Alexandria's impact on the life science industry, on its tenants' business and pursuit of novel treatment and cures and on human health and well-being. These forward-looking statements are based on Alexandria's present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained in or implied by Alexandria's forward-looking statements as a result of a variety of factors, including, without limitation, the risks and uncertainties detailed in its filings with the Securities and Exchange Commission. All forward-looking statements are made as of the date of this press release, and Alexandria assumes no obligation to update this information. For more discussion relating to risks and uncertainties that could cause actual results to differ materially from those anticipated in Alexandria's forward-looking statements, and risks and uncertainties to Alexandria's business in general, please refer to Alexandria's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and any subsequently filed quarterly reports on Form 10-Q. 

CONTACT: Joel S. Marcus, Executive Chairman & Founder, (626) 578-9693, jmarcus@are.com

(PRNewsfoto/Alexandria Real Estate Equities, Inc.)

 

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SOURCE Alexandria Real Estate Equities, Inc.

FAQ

What percentage of FDA-approved innovative medicines in 2024 came from Alexandria Real Estate (ARE) tenants?

Alexandria Real Estate (ARE) tenants were responsible for over 80% of FDA approvals for innovative medicines in 2024, including 5 out of 6 new innovative medicines.

How much is the immunology market expected to grow according to Alexandria Real Estate (ARE)?

The global immunology market is projected to grow from $103 billion in 2024 to $257 billion by 2032, becoming the second-largest biopharmaceutical spending area by 2028.

What is the increase in FDA innovative medicine approvals reported by Alexandria Real Estate (ARE)?

Alexandria Real Estate (ARE) reported a 286% increase in FDA innovative medicine approvals between the 2017-2020 and 2021-YTD 2024 periods.

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