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INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2018
INTANGIBLE ASSETS.  
Summary of the gross carrying amounts and net book values of our intangible assets

The gross carrying amounts and net book values of our intangible assets were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2018

 

December 31, 2017

 

 

    

Remaining

    

Gross

    

    

    

    

 

    

Gross

    

    

    

    

 

 

 

Useful Life

 

Carrying

 

Accumulated

 

Net Book

 

Carrying

 

Accumulated

 

Net Book

 

Product rights

 

(In years)

 

Amount

 

Amortization

 

Value

 

Amount

 

Amortization

 

Value

 

NUCYNTA

 

7.5

 

$

1,019,978

 

$

(313,740)

 

$

706,238

 

$

1,019,978

 

$

(266,590)

 

$

753,388

 

CAMBIA

 

5.5

 

 

51,360

 

 

(23,323)

 

 

28,037

 

 

51,360

 

 

(20,755)

 

 

30,605

 

Zipsor

 

3.8

 

 

27,250

 

 

(18,540)

 

 

8,710

 

 

27,250

 

 

(17,370)

 

 

9,880

 

Total

 

 

 

$

1,098,588

 

$

(355,603)

 

$

742,985

 

$

1,098,588

 

$

(304,715)

 

$

793,873

 

 

Summary of the future amortization expenses of intangible assets

Based on finite-lived intangible assets recorded as of June 30, 2018, and assuming the underlying assets will not be impaired and that the Company will not change the expected lives of the assets, future amortization expenses were estimated as follows (in thousands):

 

 

 

 

 

 

 

    

Estimated

 

 

 

Amortization

 

Year Ending December 31,

 

Expense

 

2018 (remainder)

 

$

50,886

 

2019

 

 

101,774

 

2020

 

 

101,774

 

2021

 

 

101,774

 

2022

 

 

99,969

 

Thereafter

 

 

286,808

 

Total

 

$

742,985