This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Roche Inaugurates Translational And Clinical Research Center At The Alexandria Center For Life Science In New York City

BASEL, Switzerland and NEW YORK, Oct. 1, 2013 /PRNewswire/ -- Roche (SIX: RO, ROG; OTCQX: RHHBY) and Alexandria Real Estate Equities, Inc. (NYSE: ARE) inaugurated today the Translational and Clinical Research Center (TCRC) at the prestigious Alexandria Center for Life Science in Manhattan's East Side Medical Corridor by hosting New York officials and dignitaries as well as life science leaders from institutions across the U.S. The Roche TCRC is part of the Pharma Research and Early Development (pRED) organization, and will serve as the hub for pRED activities in North America, underscoring the center's importance to pRED and Roche. The TCRC staff is comprised of some 250 highly experienced drug developers who are focused on early clinical development of Roche drug candidates. In addition to advancing Roche's existing portfolio, the TCRC experts will aim to access external innovation by identifying collaborations ranging from very early discovery platforms through advanced stage molecules. The Roche TCRC staff will officially move into the Alexandria Center for Life Science on January 2, 2014.

"We are pleased to have the TCRC based at the Alexandria Center for Life Science and excited by the collaborative opportunities afforded by its proximity to patients and world-class expertise in experimental medicine," said John C. Reed, MD, PhD, Head of Roche Pharma Research and Early Development. " New York City has much to offer – it is the most populated city in America, has seven outstanding medical schools and also ranks second in the U.S. in medical research funding (NIH). Therefore, we believe this is the best location to pursue the goals of the TCRC as well as our global research and development organization."

"TCRC will serve as an important conduit between the life sciences community in North America and the global Roche organization," said Judith Dunn, PhD, Head of the Roche TCRC. "Our location in the Alexandria Center for Life Science will enable us to combine our expertise with that of world class researchers here in a vibrant scientific environment. We will be engaging collaborators in a transformative approach to drug development, which will provide solutions for unmet medical needs and ultimately improve the lives of patients and their families."

"We are honored that Roche has chosen the Alexandria Center for Life Science as the home for its Translational and Clinical Research Center," said Joel S. Marcus, Chairman, Chief Executive Officer and Founder of Alexandria Real Estate Equities, Inc. " New York City has an unparalleled concentration of world-class academic medical research centers and is the ideal platform for Roche to substantially enhance its collaboration and translational clinical efforts."

Following the inauguration ceremony, Roche hosted a scientific symposium with an impressive line-up of keynote speakers who discussed advances in key areas of research being conducted by pRED. The areas of oncology, neuroscience, diabetic complications and infectious diseases were featured, with particular emphasis on acute myeloid leukemia, spinal muscular atrophy, diabetic kidney disease and influenza. During the symposium, Roche also presented TCRC Young Investigator Awards to four promising researchers: Carolina Bigarella, PhD, Mount Sinai School of Medicine for cancer research; Christian Simon, PhD, Columbia University for neurology research; Alexander Grabner, MD, University of Miami Miller School of Medicine for diabetes research; and Priya Luthra, PhD, Mount Sinai School of Medicine for infectious diseases research. Roche encouraged applications from researchers who have completed their graduate degrees (MD and/or PhD) within the past five years and who are studying disease areas of interest to Roche. Grants were awarded to the four institutions that employ the researchers.

About Roche Research

Roche believes that a diversity of views, cultures and approaches promotes creativity. As a result, Roche has three Research and Development groups within its Pharmaceutical organization: Pharma Research and Early Development ( pRED; located in Europe, China and New York City, NY), Genentech Research and Early Development ( gRED in South San Francisco, CA) and Chugai (in Japan). This unique structure is designed to foster innovation by encouraging a diversity of strategies and approaches to tackling unmet medical needs.

Within the pRED component of Roche's R&D enterprise, expertise in pharmaceutical drug discovery, monoclonal antibody engineering, and other therapeutic technologies is focused on several therapeutic areas, including oncology, neuroscience, cardiovascular/metabolism and infectious diseases to deliver innovative medicines aimed at significantly improving outcomes for patients.  Roche pRED comprises 2,200 scientists, clinicians, and supporting professionals worldwide.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,374.76 +23.38 0.14%
S&P 500 1,951.13 +2.27 0.12%
NASDAQ 4,733.4970 -16.4820 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs