Alexandria Real Estate Equities, Inc. Executive Chairman and Founder Joel S. Marcus to Be Honored With the Inaugural Bisnow Life Sciences Icon & Influencer Award
Rhea-AI Summary
Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced that its executive chairman and founder, Joel S. Marcus, will receive the inaugural Bisnow Life Sciences Icon & Influencer Award on September 11, 2024. This award recognizes Marcus and Alexandria's significant contributions to the life science real estate sector and broader industry. Marcus co-founded Alexandria in 1994, pioneering the life science real estate niche and transforming it into a mainstream asset class. The company's impact is evident in its ability to meet industry needs, foster strategic relationships, and create thriving life science ecosystems. Alexandria's tenants have been responsible for 50% of FDA-approved therapies since 2013. Marcus will also deliver a keynote speech at the International Life Sciences & Biotech Conference, discussing the industry's state and Alexandria's role in driving innovation for improved human health.
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- Alexandria Real Estate Equities recognized as a pioneer in life science real estate
- Company's tenants responsible for 50% of FDA-approved therapies since 2013
- Alexandria's platform drives forward a $5 trillion secularly growing industry
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- None.
News Market Reaction – ARE
On the day this news was published, ARE gained 1.28%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We are thrilled to honor Joel, whose founding of and outstanding contributions to the life sciences real estate sector have earned him respect and admiration in this space," said Gregg Mayer, chief executive officer of Bisnow. "His perseverance and forward-thinking leadership, coupled with his commitment to innovation and ability to navigate challenging times, have not only resulted in a successful business but also helped mold the life science industry. We look forward to celebrating Joel and Alexandria's achievements at our conference tomorrow."
Mr. Marcus co-founded Alexandria in 1994, thus establishing and pioneering the life science real estate niche. Over the past three decades, he has led the company's transformation of life science real estate from a specialty niche into an important mainstream asset class. Alexandria's extraordinary positive impact on the life science industry is exemplified through its proven ability to evolve to meet and anticipate the industry's unique needs, its deep industry expertise that has led to longstanding strategic relationships with high-quality and diverse tenants, and its pivotal role in creating and growing life science ecosystems and clusters that catalyze innovative new medicines. Alexandria tenants have been responsible for
"I am deeply honored to be the first recipient of this prestigious award from Bisnow. It reflects our entire team's dedication to our one-of-a-kind, mission-driven company and, importantly, to our world-class tenants," said Mr. Marcus. "We are proud to be at the vanguard and heart of the life science industry — the world's leader in the discovery and development of new medicines — and to create significant value well beyond physical real estate. With about 10,000 diseases known to humankind, over
In addition to receiving the Bisnow Life Sciences Icon & Influencer Award, Mr. Marcus is the keynote speaker at the International Life Sciences & Biotech Conference tomorrow afternoon. Richard Bendis, president and chief executive officer of BioHealth Innovation, Inc., will join him for an insightful conversation on the state of the life science industry and how Alexandria built an irreplaceable Labspace® platform that continues to drive forward this vital
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
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; its tenants' business and pursuit of novel treatment and cures, and human health and well-being; and its ability to meet and anticipate industry needs, maintain strategic relationships, and create and grow life science ecosystems and clusters that catalyze innovative new medicines. 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: Sara Kabakoff, Senior Vice President – Chief Content Officer, (626) 788-5578, skabakoff@are.com
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SOURCE Alexandria Real Estate Equities, Inc.
FAQ
What award is Joel S. Marcus receiving from Bisnow on September 11, 2024?
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