other material
confidence high
sentiment neutral
materiality 0.30
Axogen expands Burleson facility and amends tissue processing agreement
Axogen, Inc.
- First Amendment to Burleson lease doubles space to 5,000 sq ft, extends term to September 2027.
- Monthly base rent starts at $4,583 (Oct 2022) and increases to $5,464 (Oct 2026-2027).
- Eighth Amendment to License and Services Agreement with Community Blood Center updates termination notice and decommission duties.
- Processing fees set: $300.48 per nerve tissue debridement batch, $1,120.04 per nerve processing batch, $150 birth tissue debridement, $1,500 birth tissue processing.
- Licensor will provide cleaning/sterilization services for product processed at Licensee.