Life Sciences

News Release: Montgomery County Council Approves Great Seneca Plan: Connecting Life and Science

For Immediate Release: Tuesday, July 30, 2024 The Montgomery County Council voted today to approve the Planning Board Draft of the Great Seneca Plan: Connecting Life and Science with revisions. The plan covers 4,330 acres located in the heart of the I-270 Corridor between the cities of Gaithersburg and Rockville and the town of Washington Grove. […]

News Release: Metro, Montgomery County seeking developer to create major life sciences, mixed-use project at North Bethesda

News Release: Metro, Montgomery County seeking developer to create major life sciences, mixed-use project at North Bethesda

For immediate release: July 29, 2024 Metro and Montgomery County officials launched an initiative Wednesday, to seek an experienced developer to build a major transit-oriented life sciences center at the North Bethesda Metrorail Station, that will include housing, office, retail, and public spaces. Metro announced the issuance of a Request for Qualifications for a developer […]

News Releases: Triad Group Announces Sale of Watertown's Elm Street Labs

News Releases: Triad Group Announces Sale of Watertown’s Elm Street Labs

NEWS PROVIDED BY The Triad Group Jul 25, 2024, 14:11 ET BOSTON, July 25, 2024 /PRNewswire/ — The Triad Group announced the sale of its most recent development, “Elm Street Lab’s” in Watertown, MA to Cambridge based Shannon Life Sciences. The 74,670sf property is a new construction state-of-the-art life sciences building that is ready for […]

News Release: Governor Cooper Announces Global Pet Healthcare Company Will Create 275 Jobs in Wilson County

Tuesday, July 23, 2024 IDEXX will invest $147 million to establish manufacturing site in Wilson Raleigh, N.C. Today, Governor Roy Cooper announced that IDEXX Laboratories, Inc. (NASDAQ: IDXX), a global leader in pet healthcare innovation, will establish a new manufacturing plant in Wilson County, creating 275 jobs. The company will invest $147 million in Wilson. […]

News Release: SKB Acquires 436,534 SF Advanced Manufacturing Facility in Broomfield, Colorado

News provided by SKB Jul 23, 2024, 08:00 ET BROOMFIELD, Colo., July 23, 2024 /PRNewswire/ — ScanlanKemperBard (SKB) is excited to announce the acquisition of 2555 West Midway Blvd in Broomfield, Colorado. The property, a former pharmaceutical manufacturing facility, encompasses 436,534 square feet on 22.68 acres, and can service a diverse range of tenant requirements. With […]

BEIGENE

News Release: BeiGene Opens Flagship U.S. Biologics Manufacturing and Clinical R&D Facility, Continues Global Expansion to Deliver Medicines to More Patients Around the World

Jul 23, 2024 7:00 AM $800 million investment in New Jersey supports global growth and expansion with technologically advanced manufacturing capacity and clinical development capabilities for novel cancer medicines HOPEWELL, N.J.–(BUSINESS WIRE)– BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, today announced the opening of its flagship U.S. facility in Hopewell, […]

News Release: Alexandria Real Estate Equities, Inc. Reports: 2Q24 and 1H24 Net Income per Share – Diluted of $0.25 and $1.22, respectively; and 2Q24 and 1H24 FFO per Share – Diluted, as Adjusted, of $2.36 and $4.71, respectively

PASADENA, Calif., July 22, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the second quarter ended June 30, 2024. Key highlights Operating results 2Q24 2Q23 1H24 1H23 Total revenues: In millions $        766.7 $        713.9 $      1,535.8 $      1,414.7 Growth 7.4 % 8.6 % Net income attributable to Alexandria’s […]

News Release: The Landing brings Class A life sciences lab, office space to Burlingame

News Release: The Landing brings Class A life sciences lab, office space to Burlingame

Nestled on the San Francisco Peninsula, Burlingame, California, has long been recognized for its charming streets, high quality of life, active retail corridors, and centralized location near primary highways and transit centers. Now it’s drawing attention from national developers, like King Street Properties (“King Street”), as a pivotal hub for life science companies. King Street is a […]

xxx

Life Sciences: Lenders take ownership of Seattle life sciences building

By Murray W. Wolf KKR’s real estate unit assumes control of the vacant, 211,066 s.f. Cascadian SEATTLE – Cascadian – a vacant, three-year-old, nine-story, 211,066 square foot life sciences building at 330 Yale Ave. N. in Seattle – has been turned over to its lenders, according to a deed in lieu of foreclosure filed with […]

News Release: Advanced pharmaceutical facility in Raleigh-Durham sells

News Release: Advanced pharmaceutical facility in Raleigh-Durham sells

JLL Capital Markets worked on behalf of the seller in the sale of 4018 Stirrup Creek RALEIGH, July 19, 2024 – JLL Capital Markets announced today the sale of 4018 Stirrup Creek, a 95,620-square-foot, state-of-the-art contract development and manufacturing facility located in Raleigh-Durham, North Carolina. JLL represented the seller, Stirrup Creek LLC. A joint venture […]

News Release: Thor Equities Group Secures New Life Science Tenant in Jersey City

News Release: Thor Equities Group Secures New Life Science Tenant in Jersey City

July 19, 2024 09:55 ET Source: Thor Equities Group New York, NY, July 19, 2024 (GLOBE NEWSWIRE) — Thor Equities Group, a global leader in real estate development, leasing, and management, is pleased to announce a long-term lease with IAVI, for 30,000 square feet at 95 Greene Street in Jersey City, the first lab-ready life […]

News Release: Japanese Medical Device Manufacturer Nipro Will Establish Presence in North Carolina with $397.8 Million Investment in Pitt County

Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will invest $397.8 million to build its first North American manufacturing center of excellence in Greenville, North Carolina, creating 232 jobs in Pitt County. Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will […]

News Release: INCOG BioPharma Accelerates Expansion Plans

The Fishers, Indiana-based CDMO announces new investment for growth into second building, enhanced manufacturing capabilities FISHERS, Ind., July 15, 2024 /PRNewswire/ — INCOG BioPharma Services, a contract development and manufacturing organization (CDMO) specializing in sterile injectable biopharmaceuticals, is excited to announce a new investment to expand its manufacturing capabilities. The expansion includes the construction of a […]

Officials cut the ribbon in front of QIAGEN's facility in Ballenger Creek on July 9.

News Release: QIAGEN Celebrates Major Expansion in Frederick County, Maryland

NEWS PROVIDED BY Frederick County Office of Economic Development Jul 12, 2024, 08:00 ET FREDERICK, Md., July 12, 2024 /PRNewswire-PRWeb/ — The Frederick County Office of Economic Development and QIAGEN, a leading global provider of Sample to Insight solutions, announced the expansion of QIAGEN’s operations in Frederick County, Maryland. The expansion adds 40,000 square feet […]

News Release: uniQure Announces Sale of Commercial Manufacturing Facility to Genezen

July 1, 2024 ~ Proposed divestiture streamlines uniQure’s focus and represents an important milestone in its ongoing effort to significantly reduce operating expenses ~ ~ Genezen to manufacture global commercial supply of HEMGENIX® and support uniQure’s pipeline programs as a preferred customer ~ ~ uniQure to reduce cash burn by $40 million per year and […]