−Removed: Lexington, Massachusetts / United States
−Removed: We operate an 83,998 square feet GMP qualified manufacturing facility that we lease in Lexington, Massachusetts, U.S.
−Removed: In November 2018, we extended and expanded the facility by leasing an additional 30,655 square feet (as from June 1, 2019 onwards) of the same building.
−Removed: The expanded and extended lease for the facility terminates in June 2029, and subject to the provisions of the lease, may be renewed for two subsequent five-year terms.
−Removed: In December 2021, we entered into a new lease for an additional laboratory and office facility in Lexington, Massachusetts, U.S.
−Removed: of approximately 13,501 square feet of space.
−Removed: The lease commenced in May 2022, is set for seven years and is non-cancellable.
−Removed: The lease is renewable for one five-year term.
−Removed: In February 2022, we also entered into a new lease for a multi user office-building in Lexington, Massachusetts, U.S.
−Removed: of approximately 12,716 square feet.
−Removed: The lease commenced in November 2022 and is set for a non-cancellable period of seven years and four months.
−Removed: The lease is renewable for one five-year term.
−Removed: Amsterdam / The Netherlands
−Removed: In 2016, we entered into leases for a total of approximately 111,000 square feet multi-tenant facility in Amsterdam.
−Removed: The lease for parts of this facility terminates in 2032, with an option to extend in increments of five-year periods.
−Removed: In December 2017, we entered into an agreement to sub-lease three of the seven floors of our Amsterdam facility for a ten-year term ending on December 31, 2027, with an option for the sub-lessee to extend until December 31, 2031 as well as an option that has expired to break the lease prior to December 31, 2020 subject to the lessee paying a penalty and breaking certain financial covenants.
−Removed: In February 2020, we amended the sub-lease agreement to take back one of the three floors effective March 1, 2020.
−Removed: In May 2021, we entered into a sublease agreement to let an additional approximately 1,080 square meters of office space in the multi-tenant facility.
−Removed: The lease expires in October 2028 and includes an option to break the lease on October 31, 2023.
−Removed: Basel / Switzerland
−Removed: In May 2022, we entered into a sublease agreement to let approximately 81 square meters comprising of four co-workers spaces in a multi user office-building to accommodate our employees in Basel, Switzerland.
−Removed: We subleased an additional room beginning in December 2022 for a total of approximately 100 square meters.
−Removed: The lease expires on June 30, 2032.
+Added: We operate an approximately 100,000 square foot GMP qualified manufacturing facility that we lease in Lexington, Massachusetts, U.S.
+Added: The lease for the Lexington manufacturing facility, as amended to date, terminates in June 2029 and may be renewed for two subsequent five-year terms.
+Added: In addition, we also operate approximately 12,000 square feet of multi-use office space in Lexington, Massachusetts, which is subject to a lease that expires in 2030 and may be renewed for one subsequent five-year term.
+Added: We operate approximately 111,000 square feet (seven floors) of multi-use space in Amsterdam, The Netherlands, which is subject to a lease that, as amended to date, terminates in 2032 with an option to extend the lease in five-year increments.
+Added: To date we have entered into subleases with respect to two of the seven floors in the Amsterdam facility.
+Added: We sublease an additional approximately 12,000 square feet of space in the Amsterdam facility, which is subject to a lease that expires in October 2028.
We believe that our facilities are adequate to meet current needs and that suitable alternative spaces will be available in the future on commercially reasonable terms.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.