PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2013

(6) PROPERTY AND EQUIPMENT, NET

Property and equipment include the following:

	December 31, 2013			December 31, 2012

	(In thousands)
Laboratory Equipment	$	3,699		$	3,164
Manufacturing Equipment		2,130			2,055
Office Furniture and Equipment		1,386			1,264
Leasehold Improvements		14,493			12,932
Construction in Progress		257			115


Total Property and Equipment		21,965			19,530
Less Accumulated Depreciation and Amortization		(11,992	)		(12,325	)


	$	9,973		$	7,205

Depreciation and amortization expense related to property and equipment was $1.9 million, $2.0 million and $2.2 million for the years ended December 31, 2013, 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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