SOURCE: Industrial Info Resources

Industrial Info Resources

December 17, 2010 05:40 ET

Big Pharma Saves Green by Going Green, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 17, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- According to Industrial Information Resources' Pharmaceutical Tracker, there are currently 162 life sciences projects in North America worth more than $13.8 billion using LEED construction practices. Although universities and other institutions garner a large portion of this segment, Big Pharma is also well represented.

Gilead Sciences Incorporated (NASDAQ:GILD) (Foster City, California) is slowly expanding and renovating its Foster City site with more than one million square feet of LEED-Silver space. Also, real estate investment trusts like Biomed Realty Trust (NYSE:BMR) (San Diego, California) and Alexandria Real Estate Equities (NYSE:ARE) (Pasadena, California) are building LEED-certified laboratory space for their tenants.

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