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Property and Equipment, Net
12 Months Ended
Dec. 31, 2018
Property and Equipment, Net  
Property and Equipment, Net

(6) Property and Equipment, Net

Property and Equipment, Net includes the following:

 

 

 

 

 

 

 

 

 

    

December 31, 

    

December 31, 

 

 

2018

 

2017

 

 

(In thousands)

Laboratory Equipment

 

$

8,272

 

$

7,770

Manufacturing Equipment

 

 

2,497

 

 

4,354

Office Furniture and Equipment

 

 

3,791

 

 

3,764

Leasehold Improvements

 

 

17,408

 

 

17,164

Construction in Progress

 

 

327

 

 

932

Total Property and Equipment

 

 

32,295

 

 

33,984

Less: Accumulated Depreciation and Amortization

 

 

(26,184)

 

 

(23,612)

Property and Equipment, Net

 

$

6,111

 

$

10,372

 

Depreciation and amortization expense related to property and equipment was $3.6 million, $4.4 million, and $3.1 million for the years ended December 31, 2018, 2017 and 2016, respectively.