1998
Financial Statements
| The following information is excerpted from Noven's 1998 Annual Report to Shareholders. |
|
BackNotes
to Financial Statements
Years
Ended December 31, 1998, 1997 and 1996
| Property, Plant and Equipment |
 |
| Property, plant and equipment consist of the following at December 31, 1998 and 1997 |
|
1998
|
1997
|
|
| (in
thousands)
Land |
$ 2,540
|
$ 2,540
|
| Building and improvements |
2,392
|
2,365
|
| Leased property and leasehold improvements |
8,137
|
8,118
|
| Manufacturing and testing equipment |
6,601
|
5,368
|
| Furniture |
706
|
599
|
|
20,376
|
18,990
|
|
| Less accumulated depreciation and amortization |
4,859
|
3,747
|
|
$15,517
|
$15,243
|
Copyright © 1999 Noven Pharmaceuticals, Inc. All rights reserved.