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Property, plant and equipment, net
12 Months Ended
Dec. 31, 2022
Property, plant and equipment, net  
Property, plant and equipment, net

8.         Property, plant, and equipment, net

The following table presents the Company’s property, plant, and equipment as of December 31:

December 31, 

December 31, 

    

2022

    

2021

(in thousands)

Leasehold improvements

$

44,871

$

45,372

Laboratory equipment

39,393

25,499

Office equipment

4,985

4,465

Construction-in-progress

5,409

5,069

Total property, plant, and equipment

94,658

80,405

Less accumulated depreciation

(44,126)

(36,900)

Property, plant and equipment, net

$

50,532

$

43,505

Total depreciation expense was $8.2 million for the year ended December 31, 2022 (December 31, 2021: $6.1 million, December 31, 2020: $5.7 million). Depreciation expense is allocated to research and development expenses and cost of contract manufacturing to the extent it relates to the Company’s manufacturing facility and equipment and laboratory equipment. All other depreciation expenses are allocated to selling, general and administrative expense.

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

    

December 31, 

    

December 31, 

2022

2021

(in thousands)

Lexington, Massachusetts (United States of America)

$

20,258

$

17,311

Amsterdam (the Netherlands)

 

30,252

 

26,160

Other

22

34

Total

$

50,532

$

43,505