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Product Revenue (Tables)
6 Months Ended
Jun. 30, 2013
Product Revenue  
Product revenue for the period

 

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

Product revenue, gross

 

$

69,269

 

$

 

$

134,728

 

$

 

Government rebates, chargebacks and other

 

(4,952

)

 

(3,301

)

 

Returns reserves and distribution fees

 

(3,280

)

 

(6,382

)

 

Product revenue, net

 

$

61,037

 

$

 

$

125,045

 

$

Schedule of reserve established for Kyprolis

 

 

 

 

Chargebacks

 

Rebates and
Other

 

Distribution
Fees and
Returns

 

Total

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2012

 

$

5,708

 

$

1,946

 

$

2,286

 

$

9,940

 

Provision related to current period sales

 

8,345

 

843

 

6,382

 

15,570

 

Credits/ Payments

 

(8,675

)

(116

)

(5,600

)

(14,391

)

Other

 

(5,088

)

(800

)

 

(5,888

)

Balance as of June 30, 2013

 

$

290

 

$

1,873

 

$

3,068

 

$

5,231