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Slide #57. BioMed Realty — Wexford Science & Technology
BioMed Realty (BMR)
Wexford Science & Technology
BioMed Realty Trust, Inc. (NYSE: BMR) and Wexford Science & Technology, LLC announced today that they have completed their previously announced merger. The Wexford Science & Technology platform will operate as a wholly-owned subsidiary of BioMed Realty, developing institutional quality life science real estate for academic and medical research organizations with specialty expertise in urban development and redevelopment of life science real estate.
BioMed Realty Trust is a self-administered and self-managed real estate investment trust. Co. is engaged in acquiring, developing, redeveloping, leasing and managing laboratory and office space for the life science industry principally through its subsidiary, BioMed Realty, L.P. Co.'s tenants primarily include biotechnology and pharmaceutical companies, scientific research institutions, government agencies and other entities involved in the life science industry. Co.'s properties are generally located in markets known as centers for scientific research, including Boston, San Francisco, San Diego, Maryland, New York/New Jersey, Pennsylvania, North Carolina, Seattle, and Cambridge (the U.K).
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Hold (2.00 out of 4)
(ranked higher than approx. 97% of all stocks covered)
Based on Zacks ABR data;
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