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BioMed Realty Trust And Broad Institute Form Strategic Partnership To Promote Innovation And Collaboration Within The Life Science Industry

SAN DIEGO, Nov. 19, 2014 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR) and the Broad Institute of MIT and Harvard today announced a strategic partnership to foster innovation and promote relationships between academia and the life science industry.

This partnership brings together one of the most innovative research organizations in the world with the leading provider of real estate to the life science industry. BioMed Realty, through its strategic investment group, BioMed Ventures, will work with the Broad Institute to engage the biomedical community through several events designed to bring together thought leaders from academia, biotech and pharmaceutical companies and the investment community to stimulate conversations across their networks.

"One of the founding principles of the Broad Institute is that collaboration unlocks new possibilities in biomedical research," said Issi Rozen, Director of Strategic Alliances at the Broad Institute. "We are pleased to partner with BioMed Realty to create new collaboration opportunities and drive innovation."

"We are honored to work together with such an innovative and forward thinking organization like the Broad Institute, because we share their philosophy of creating meaningful connection points between the research community and the biopharma industry to create life-changing medicines," said Bruce Steel, Managing Director of BioMed Ventures.

About the Broad Institute of MIT and Harvard

The Eli and Edythe L. Broad Institute of MIT and Harvard was launched in 2004 to empower this generation of creative scientists to transform medicine. The Broad Institute seeks to describe all the molecular components of life and their connections; discover the molecular basis of major human diseases; develop effective new approaches to diagnostics and therapeutics; and disseminate discoveries, tools, methods, and data openly to the entire scientific community.

Founded by MIT, Harvard, and its affiliated hospitals, and the visionary Los Angeles philanthropists Eli and Edythe L. Broad, the Broad Institute includes faculty, professional staff, and students from throughout the MIT and Harvard biomedical research communities and beyond, with collaborations spanning over a hundred private and public institutions in more than 40 countries worldwide. For further information about the Broad Institute, go to http://www.broadinstitute.org.

About BioMed Realty Trust

BioMed Realty (NYSE: BMR), with its trusted expertise and valuable relationships, delivers optimal real estate solutions for biotechnology and pharmaceutical companies, scientific research institutions, government agencies and other entities involved in the life science industry. BioMed Realty owns or has interests in properties comprising approximately 17.2 million rentable square feet. Additional information is available at www.biomedrealty.com. Follow us on Twitter @BioMedRealty.

SOURCE BioMed Realty Trust, Inc.

Rick Howe, Senior Director, Corporate Communications, (858) 207-5859, richard.howe@biomedrealty.com