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01/26/22 11:26 AM

#438703 RE: hoffmann6383 #438698

Not one fifth. That would be 20%.

5% is what they have built out.

sentiment_stocks

01/26/22 11:29 AM

#438706 RE: hoffmann6383 #438698

It would seem, anyway... 88,345/5 = 17,669 square feet.

Doc logic

01/26/22 11:31 AM

#438712 RE: hoffmann6383 #438698

hoffmann6383,

Timing it up. Word from Charles River Labs likely to come in the not too distant future. Like the train tracks joining East to West. Manufacturing, manufacturing, manufacturing. Best wishes.

biosectinvestor

01/26/22 1:02 PM

#438773 RE: hoffmann6383 #438698

Yes, I expect since this is a factory, most of that is waiting for designation as further manufacturing space once they have the Flaskworks technology approved, and are ready to go commercial. They are using only the small amount of space for now because they are only doing compassionate use manufacturing and keeping the giant area a “clean room” and putting in clean suites now would be wasteful and unnecessary and building it out now for anything would be capital intensive and premature.

I think “office space” in the factory, like with most factories, will be kept to a minimum. When they describe that area, they mean to describe not where their offices are but to give a sense of how much space they can expand to for production.