Item 2. Properties
Item 2. Properties
The following table summarizes information regarding our significant leased and owned properties, as of December 31, 2021:
Location Purpose Square
Footage Ownership Lease Term
End
U.S.
North Billerica,
Massachusetts
Corporate Headquarters, Manufacturing, Laboratory, Mixed Use and Other Office Space 431,000 Owned N/A
New York, New York Progenics Headquarters, Office Space 26,000 Leased* September 2030
Somerset, New Jersey Manufacturing, Mixed Use and Office Space 11,400 Leased November 2028
Somerset, New Jersey Office Space 8,249 Leased March 2027
Canada
Quebec Mixed Use and Office Space 1,106 Leased May 2022
Quebec Distribution Center and Office Space 1,433 Leased May 2022
Sweden
Lund Office Space 4,000 Leased December 2024
* On October 11, 2021, we entered into an agreement to sublease our office space at the World Trade Center in New York City to an unrelated third party. Please refer to Note 17, “Leases” for further details.
We believe all of these facilities are well-maintained and suitable for the office, manufacturing or warehouse operations conducted in them and provide adequate capacity for current and foreseeable future needs.
Item 3. Legal Proceedings
Information with respect to certain legal proceedings is included in Note 20, “Commitments and Contingencies”, to the consolidated financial statements contained in Item 8. Financial Statements and Supplementary Data, and is incorporated herein by reference.
Item 4. Mine Safety Disclosures
Not applicable
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Table of Contents
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.