XML 27 R14.htm IDEA: XBRL DOCUMENT v3.21.2
Property, plant and equipment, net
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property, plant and equipment, net Property, plant and equipment, net
Property, plant and equipment, net, consists of the following (in thousands):
As of September 30, 2021As of December 31, 2020
Land
$— $1,210 
Building
— 15,745 
Computer equipment and software
5,699 6,950 
Office equipment
6,686 7,665 
Laboratory equipment
59,673 55,521 
Leasehold improvements
31,579 34,286 
Construction-in-progress
875 92,514 
Total property, plant and equipment
104,512 213,891 
Less accumulated depreciation and amortization
(58,767)(51,060)
Property, plant and equipment, net
$45,745 $162,831 
North Carolina manufacturing facility
In November 2017, the Company acquired a manufacturing facility in Durham, North Carolina for the future manufacture of lentiviral vector for the Company’s gene therapies. In July 2021, the Company and National Resilience, Inc. ("Resilience") announced a strategic manufacturing collaboration aimed to accelerate the early research, development, and delivery of cell therapies. Agreements related to the collaboration were executed in September 2021. As part of the agreement, Resilience acquired the Company's manufacturing facility in Durham and retained all staff currently employed at the site. As a result of the transaction, the Company disposed of $111.2 million of net assets, primarily consisting of the building and laboratory equipment. Please refer to Note 10, Collaborative arrangements and strategic partnerships for further discussion