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Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
Property and Equipment, Net  
Property and Equipment, Net

(6) Property and Equipment, Net

Property and Equipment, Net includes the following:

 

 

 

 

 

 

 

 

 

    

December 31, 

    

December 31, 

 

 

2019

 

2018

 

 

(In thousands)

Laboratory Equipment

 

$

8,622

 

$

8,272

Manufacturing Equipment

 

 

2,510

 

 

2,497

Office Furniture and Equipment

 

 

3,873

 

 

3,791

Leasehold Improvements

 

 

17,238

 

 

17,408

Construction in Progress

 

 

191

 

 

327

Total Property and Equipment

 

 

32,434

 

 

32,295

Less: Accumulated Depreciation and Amortization

 

 

(28,403)

 

 

(26,184)

Property and Equipment, Net

 

$

4,031

 

$

6,111

 

Depreciation and amortization expense related to property and equipment was $2.7 million, $3.6 million and $4.4 million for the years ended December 31, 2019, 2018 and 2017, respectively.