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BioMed Realty and Broad Institute Form Strategic Partnership to Promote Innovation

San Diego-based BioMed Realty Trust Inc. and the Broad Institute of MIT and Harvard announced a strategic partnership to foster innovation and promote relationships between academia and the life science industry.

BioMed Realty (NYSE: BMR), 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, the company said.

“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.

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