ARROWHEAD PHARMACEUTICALS INC
For the period ended Sep 30, 2024. Filed Nov 26, 2024.
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FY2024 · Filed Nov 26, 2024
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ITEM 2. PROPERTIES
The following table summarizes the Company’s leased facilities as of November 20, 2024.
| Approximate Square Footage | Primary Use | LeaseExpiration | Remaining Lease Term (year) | |
|---|---|---|---|---|
| Pasadena, California | 49,000 | Corporate Headquarters | April 2027 | 2.5 |
| Madison, Wisconsin | 107,000 | Research Facility | September 2031 | 6.9 |
| San Diego, California | 144,000 | Research and Office Facility | April 2038 | 13.5 |
The Company owns land in the Verona Technology Park in Verona, Wisconsin, which has been developed into an approximately 160,000 square foot drug manufacturing facility and an approximately 140,000 square foot laboratory and office facility which will support the Company’s manufacturing process development and analytical activities. During fiscal year 2024, the Company completed the build out of one of its laboratory and office facilities and plans to finalize the manufacturing facility by the end of the first quarter of fiscal year 2025.
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