Advanced Pharma Finalizes Lease with UMLSTP

Advanced Pharma, a dedicated Phase I-IV comprehensive research facility, has finalized a lease with The University of Miami Life Science & Technology Park's (UMLSTP) developer, Wexford Miami, LLC.

Advanced Pharma Finalizes Lease with UMLSTP
Miami, FL, September 08, 2011 --(PR.com)-- Advanced Pharma CR, LLC, one of South Florida’s largest, dedicated Phase I-IV clinical research facilities, is proud to announce that it has finalized a lease to relocate to the University of Miami Life Science and Technology Park’s first building, a 252,000 square foot, state-of-the-art facility.

Advanced Pharma’s move into UMLSTP means a major expansion for the company, quadrupling its facility’s current size to 20,000 square feet. The new space will also include a 100-bed dedicated phase I unit, a 16-bed Intensive Procedural Unit (IPU), and an additional 5,000 square feet of dedicated space for phases II-IV encompassing multi-specialty divisions.

Samantha Amaba, President and co-founder, knew right away that UMLSTP was the perfect choice for a new location. “As our organization has faced rapid expansion, our goal became relocating our facility to a building that would accommodate our capacity needs, but also enable us to provide a level of quality and service to our clients that surpass any other clinical research site,” stated Ms. Amaba. “The UMLSTP provides the exact platform and amenities that we have been seeking, and it also will prove key in helping us network with the University of Miami, its faculty, the Jackson Health System, and the other major institutes of the Health District.”

To learn more about Advanced Pharma, please contact 305-220-2727, or visit www.advancedpharmacr.com

About Advanced Pharma
Advanced Pharma CR is a comprehensive clinical research facility located in South Florida. Their facility has been developed and designed to accommodate the demands of the pharmaceutical, biotech, and medical device industry. APCR employs the highest level of Research Professionals exclusively focused on providing exceptional quality and service to those we serve.

About the University of Miami Life Science & Technology Park
The University of Miami Life Science & Technology Park is a predominantly privately-funded endeavor developed by Wexford Miami, LLC, a subsidiary of Wexford Science & Technology, LLC, in partnership with the University of Miami. Located in Miami’s Health District and adjacent to the University of Miami Leonard M. Miller School of Medicine, the park will be home to best-in-class research facilities that bridge academia and industry, thereby fostering collaboration and innovation that positively affects people around the world. Development of the park will also make a direct impact on the South Florida economy, resulting in the creation of jobs and further diversifying the region’s economic landscape. UM LSTP is located on an 8.8 acre site bounded by Interstate-95 on the east, NW 7th Avenue on the west, NW 17th Street on the south and NW 20th Street on the north. Construction of phase one of the park began in late 2009 and is scheduled for completion in summer 2011. Learn more at www.umlstp.com.

About Wexford Science & Technology, LLC
Wexford Science & Technology, LLC is a Maryland based, private real estate developer and investment company specializing in the structuring of planning, development, construction and sophisticated financial complex search spaces for non-profit customers including universities, university affiliated research parks and health systems and societies. Please visit www.wexfordequities.com for additional information. de_# Schwartz Media Strategies partners with the legal and professional services, real estate, financial, municipal and consumer-oriented clients to develop goal-oriented relations public and marketing campaigns.

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Advanced Pharma
Abby Symonds
305-220-2727
advancedpharmacr.com
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