NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

No, the lease is primarily for hotel suite (fancy way to say office space) and computer areas and corridors, with lab and cryogenic space being relatively small. So you don’t really have enough information to suggest this.

The 2 "hotel suites" are 4,400 sq ft which is the approved GMP facility. They are clean rooms, not office space.

The reality is they are a contract manufacturer, they run the factory and are given some space in the same factory to have their offices and to symbiotically run their own business as well.

Yes, advent is a contract manufacturer. But they have virtuely the entire finished and partially finished facility, not a small part., The other 70k(?) sq ft is shell space.

In exchange they pay approximately 1.5 to 2 times whatever NWBO pays for the leased space. But nothing in that lease says they own or have leased control over the spaces developed specifically for NWBO under contract.

They pay more because it is the developed space. NWBO is paying for all the dead space. And yes, it clearly calls out that full GMP facility is leased to Advent.

Keep on spinning that Advent is just an "employment agency". The GMP facility is now Advent's. NWBO is just a customer and a landlord.