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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2015
PROPERTY AND EQUIPMENT, NET  
PROPERTY AND EQUIPMENT, NET

(6) PROPERTY AND EQUIPMENT, NET

        Property and equipment include the following:

                                                                                                                                                                                    

 

 

December 31,
2015

 

December 31,
2014

 

 

 

(In thousands)

 

Laboratory Equipment

 

$

5,432

 

$

4,223

 

Manufacturing Equipment

 

 

4,178

 

 

2,274

 

Office Furniture and Equipment

 

 

3,088

 

 

1,888

 

Leasehold Improvements

 

 

15,371

 

 

14,603

 

Construction in Progress

 

 

451

 

 

1,767

 

​  

​  

​  

​  

Total Property and Equipment

 

 

28,520

 

 

24,755

 

Less Accumulated Depreciation and Amortization

 

 

(17,059

)

 

(14,220

)

​  

​  

​  

​  

 

 

$

11,461

 

$

10,535

 

​  

​  

​  

​  

​  

​  

​  

​  

 

        Depreciation and amortization expense related to property and equipment was $3.0 million, $2.4 million and $1.9 million for the years ended December 31, 2015, 2014 and 2013, respectively.