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Verenium Corporation And Alexandria Real Estate Equities, Inc. Celebrate The Grand Opening Of A New State-of-the-art Biotechnology Facility
Date:7/19/2012

SAN DIEGO, July 19, 2012 /PRNewswire/ -- Verenium Corporation (Nasdaq: VRNM), a leading industrial biotechnology company focused on the development and commercialization of high-performance enzymes, and Alexandria Real Estate Equities, Inc. (NYSE: ARE), the leading owner, operator, and developer of high-quality, sustainable real estate and technical infrastructure for the broad and diverse life science industry, today celebrate the grand opening for Verenium's new office and laboratory building in the Torrey Pines area of San Diego, CA. The Grand Opening event guest speakers include San Diego elected officials Mayor Jerry Sanders and San Diego City Councilmember, Sherri Lightner, as well as BIOCOM President and CEO, Joe Panetta.  The Council of the City of San Diego will also present Verenium with a proclamation recognizing the Company for its service and commitment to the city and the biotechnology field.

"The completion of our new facility is an important milestone for the future growth of our business, and we thank everyone involved in helping us with this achievement," said James Levine, President and Chief Executive Officer of Verenium.  "Through enhanced design and functionality, our new facility promotes innovation and collaboration throughout the organization, and positions us for continued advancement in the industrial biotechnology industry."

Verenium's new 60,000 square foot building includes state-of-the-art laboratories, office space designed to support employee creativity and a high-tech fermentation pilot plant for use in bioprocess development and optimization, enzyme product development and manufacturing scale-up. As part of the Nautilus campus, owned and operated by Alexandria Real Estate Equities, Inc., Verenium's new building is designed to achieve LEED G
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