Alexion Breaks Ground on New Global Headquarters

  Alexion Breaks Ground on New Global Headquarters

Business Wire

CHESHIRE, Conn. -- June 17, 2013

Alexion Pharmaceuticals, Inc. (Nasdaq: ALXN) joined state and local officials
in a ground-breaking ceremony today for 100 College Street, a state-of-the-art
laboratory and office building that will house the company’s new global
headquarters in New Haven, Conn. The event marks a milestone in the expansion
of Alexion’s research and business operations as it continues to develop a
broad portfolio of life-transforming therapies for patients. In addition,
construction of the new building in the Downtown Crossing section of New Haven
is an important step in the revitalization of the city’s downtown
neighborhoods.

Coming home: Alexion Pharmaceuticals breaks ground on its new global
headquarters in New Haven, expe ...

Coming home: Alexion Pharmaceuticals breaks ground on its new global
headquarters in New Haven, expected to be completed in 2015. (L to R) New
Haven Mayor John DeStefano, Sen. Richard Blumenthal, Governor Dan Malloy,
Leonard Bell, MD, CEO of Alexion, Rep. Rosa DeLauro and Bruce Alexander, Yale
University VP, New Haven and State Affairs. (Photo: Business Wire)

Alexion will be the anchor tenant in 100 College Street, occupying nine
floors. The building is expected to be open for occupancy in 2015.

"Our new global headquarters will support our continued growth as we work to
develop and deliver life-transforming therapies for patients with severe and
life-threatening disorders that are also ultra-rare,” said Leonard Bell, MD,
Chief Executive Officer of Alexion. “We are especially pleased by this step
because our return to New Haven is a homecoming for our company, and we are
able to take part in the redevelopment of the downtown area.”

When Alexion takes occupancy in 2015, it will mark the company’s return to the
city where it was founded more than 20 years ago. Alexion plans to relocate
more than 400 employees who are currently based in Connecticut to the new site
in 2015. In addition, the company is well underway to adding the 200 to 300
new jobs it anticipated creating when it was admitted to Governor Dannel P.
Malloy’s First Five program in June 2012.

Dr. Bell was joined at the groundbreaking ceremony by Governor Malloy, as well
as by Sen. Richard Blumenthal, Rep. Rosa DeLauro, New Haven Mayor John
DeStefano, Jr. and representatives from Yale University and Yale-New Haven
Hospital.

“We are positioning Connecticut as a leader in the bioscience industry, and
Alexion’s decision to build their new global headquarters in our state is a
clear sign that the future in this sector is bright,” said Governor Dannel P.
Malloy. “With our economic development tools, our focus on growing bioscience
and technology, and through widely expanding higher education, we will
continue to expand bioscience in Connecticut—creating good paying jobs with
good benefits. These investments not only improve our economic strength and
competitiveness, but also establish important partnerships between our
universities, medical centers, and private sector businesses.”

The state-of-the-art 11-story office building is the first building to be
erected as part of New Haven’s Downtown Crossing urban revitalization effort.
Downtown Crossing is the largest infrastructure activity in New Haven in
decades, and is funded by the U.S. Department of Transportation’s TIGER II
grant, the city of New Haven and the State of Connecticut. It is expected to
create 2,000 construction jobs, result in $184 million in direct and indirect
spending over the next three years, and create 600 to 900 permanent jobs upon
completion. The building is being constructed to be certifiable to an
environmental standard of at least LEED Silver.

About Alexion

Alexion Pharmaceuticals, Inc. is a biopharmaceutical company focused on
serving patients with severe and ultra-rare disorders through the innovation,
development and commercialization of life-transforming therapeutic products.
Alexion is the global leader in complement inhibition and has developed and
markets a treatment for patients with paroxysmal nocturnal hemoglobinuria
(PNH) and atypical hemolytic uremic syndrome (aHUS), two debilitating,
ultra-rare and life-threatening disorders caused by chronic uncontrolled
complement activation. The treatment is currently approved in more than 40
countries for the treatment of PNH, and in the United States and the European
Union for the treatment of aHUS. Alexion is evaluating other potential
indications for its marketed drug and is developing four other highly
innovative biotechnology product candidates, which are being investigated
across nine severe and ultra-rare disorders beyond PNH and aHUS. This press
release and further information about Alexion Pharmaceuticals, Inc. can be
found at:www.alexionpharma.com.

[ALXN-G]

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Contact:

Alexion Pharmaceuticals, Inc.:
Irving Adler, 203-271-8210
Executive Director, Corporate Communications
or
Media:
SmithSolve LLC on behalf of Alexion Pharmaceuticals, Inc.
Jennifer Devine, 973-442-1555 ext. 102
jennifer.devine@smithsolve.com
 
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