Jun. 25 at 7:22 PM
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Only 39 days left….. 👍
D. Property, Plant and Equipment
All of our facilities are leased, and we do not own any real property. The principal executive offices for Purple Biotech, TyrNovo, FameWave
and Immunorizon are in a commercial office building located in the Science Park in Rehovot, Israel. On July 27, 2025, we signed an amendment to our
existing lease agreement for this office
The agreement extends the lease term by 12 months, running from January 1, 2026, through December 31, 2026. Additionally, we were granted
an option to extend the lease for another 48 months, potentially continuing the term until December 31, 2030. This option renews automatically unless we
provide written notice of our intent not to renew at least 150 days before the end of the 2026 extension.
We have no material tangible fixed assets apart from the property described above. We believe our facilities are adequate and suitable for our
current needs.
