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Property and Equipment, Net
12 Months Ended
Dec. 31, 2017
Property and Equipment, Net  
Property and Equipment, Net

(6) Property and Equipment, Net

        Property and Equipment, Net includes the following:

                                                                                                                                                                                    

 

 

December 31,
2017

 

December 31,
2016

 

 

 

(In thousands)

 

Laboratory Equipment

 

$

7,770

 

$

6,771

 

Manufacturing Equipment

 

 

4,354

 

 

4,312

 

Office Furniture and Equipment

 

 

3,764

 

 

3,677

 

Leasehold Improvements

 

 

17,164

 

 

17,115

 

Construction in Progress

 

 

932

 

 

1,283

 

​  

​  

​  

​  

Total Property and Equipment

 

 

33,984

 

 

33,158

 

Less: Accumulated Depreciation and Amortization

 

 

(23,612

)

 

(19,966

)

​  

​  

​  

​  

Property and Equipment, Net

 

$

10,372

 

$

13,192

 

​  

​  

​  

​  

​  

​  

​  

​  

 

        Depreciation and amortization expense related to property and equipment was $4.4 million, $3.1 million and $3.0 million for the years ended December 31, 2017, 2016 and 2015, respectively.