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Property, plant and equipment, net
12 Months Ended
Dec. 31, 2016
Property, plant and equipment, net  
Property, plant and equipment, net

5      Property, plant and equipment, net

                                                                                                                                                                                    

 

 

December 31,
2016

 

December 31,
2015

 

 

 

in thousands

 

Leasehold improvements

 

$

30,582

 

$

18,343

 

Laboratory equipment

 

 

14,166

 

 

14,482

 

Office equipment

 

 

2,710

 

 

3,318

 

Construction-in-progress

 

 

313

 

 

804

 

​  

​  

​  

​  

Total property, plant, and equipment

 

 

47,771

 

 

36,947

 

Less accumulated depreciation

 

 

(12,069

)

 

(10,936

)

​  

​  

​  

​  

Property, plant and equipment, net

 

$

35,702

 

$

26,011

 

​  

​  

​  

​  

​  

​  

​  

​  

        Investment in new Amsterdam facility

        In 2016, the Company invested $13.0 million into its new facility located at the Paasheuvelweg in Amsterdam.

        Construction-in-progress ("CIP") as of December 31, 2016 and 2015 predominantly relates to the build-out of the manufacturing facility in Lexington, MA that began at the end of the second quarter of 2013 and additionally includes the build-out of laboratories in Amsterdam.

        Total depreciation expense of $5.5 million for the year ended December 31, 2016 (December 31, 2015: $4.4 million, December 31, 2014: $2.0 million) has been charged to research and development expense as it relates to the Company's manufacturing facility and equipment, and the remainder is charged to selling, general and administrative expense.

        The following table summarizes property, plant and equipment by geographic region.

                                                                                                                                                                                    

 

 

December 31,
2016

 

December 31,
2015

 

 

 

in thousands

 

Lexington, MA (US)

 

$

19,552 

 

$

21,594 

 

Europe

 

 

16,150 

 

 

4,417 

 

​  

​  

​  

​  

Total

 

$

35,702 

 

$

26,011 

 

​  

​  

​  

​  

​  

​  

​  

​