A Dark Vector Cognition product

Item 2. PROPERTIES

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Item 2. PROPERTIES

As of December 31, 2024, we owned or leased approximately 160 properties. The locations and primary functions of significant properties are summarized in the following tables:

U.S. Location:ManufacturingAdministrativeR&DSales & marketingWarehouseDistribution center
Thousand Oaks, CA(1)xxxxxx
Juncos, Puerto Ricoxxxx
West Greenwich, RIxxx
Deerfield, ILxxx
Cambridge, MAx
New Albany, OHxxx
San Francisco, CAx
Tampa, FLxx
Louisville, KYxx
Other U.S. cities(2)xxx
ROW Location:ManufacturingAdministrativeR&DSales & marketingWarehouseDistribution center
Brazilxx
Canadaxxx
Chinaxx
Denmarkxxx
Germanyxxx
Icelandxx
Indiax
Irelandxxxxx
Netherlandsxxxxx
Singaporexxxx
United Kingdomxxx
Other countries(2)xxxx

(1) Corporate headquarters

(2) Includes smaller properties in other U.S. and ROW locations, primarily for administrative and sales & marketing

Excluded from the information above are (i) undeveloped land and leased properties that have been abandoned and (ii) certain buildings we still own but that are no longer used in our business. Additionally, in 2024 we received FDA licensure of our manufacturing facility in New Albany, Ohio; opened a new technology and innovation site in India; and continued to progress on the construction of our first drug substance manufacturing facility in Holly Springs, North Carolina. Furthermore, in January 2025, we broke ground on our second drug substance manufacturing facility in Holly Springs, North Carolina. There are no material encumbrances on our owned properties.

We believe our facilities are suitable for their intended uses and, in conjunction with our third-party contract manufacturing agreements, provide adequate capacity and are sufficient to meet our expected needs. See Item 1A. Risk Factors for a discussion of the factors that could adversely impact our manufacturing operations and the global supply of our products.

See Item 1. Business—Manufacturing, Distribution and Raw Materials.

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