This news is really exciting. 21000 square feet less 15% for non usable leaves 18000 square feet net and at a generous 100 square feet net per employee this comes out at 180 employees.
Remember that this building is for office staff, and not for manufacturing or stockpiling. And OK some space is needed for a sales team but most of the time wouldn't they be 'out on the road'.
Looks to me like a major headquarter operation for Nupathe to me. GREAT NEWS!
And yes, an expensive lease contract. I wonder who is underwriting it if anybody???
Tea leaves are spelling out partnership with Endo to me but could be going it alone with financing also. Atleast there is some movement. Nupathe probably won't make an announcement on the move. The partnership could also be still in negotiation and not settled yet thats why we haven't heard anything.