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Meiragtx Holdings ( (MGTX) ) has issued an announcement.
On March 31, 2025, MeiraGTx, LLC, a subsidiary of MeiraGTx Holdings plc, entered into a lease agreement with ARE-East River Science Park, LLC for laboratory and office space in New York, NY. The lease is set to commence between July 1 and August 1, 2025, with an initial term of seven years and seven months, and includes an option for a five-year extension. The agreement involves a base rent of $111 per square foot per year, with scheduled annual increases, and a landlord contribution for construction and improvements. Additionally, MeiraGTx has decided to accelerate the termination of its existing sublease with ImClone Systems, LLC, which will now end around August 31, 2025, instead of the originally scheduled October 31, 2026.
More about Meiragtx Holdings
YTD Price Performance: -2.23%
Average Trading Volume: 504,700
Technical Sentiment Signal: Buy
Current Market Cap: $483.4M
See more data about MGTX stock on TipRanks’ Stock Analysis page.
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