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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
SEGMENT INFORMATION

(17) SEGMENT INFORMATION

The Company operates in one business segment, which focuses on the development and commercialization of innovative therapies for people with serious and life threatening rare diseases and medical conditions. All products are included in one segment because all of the Company’s products have similar economic and other characteristics, including the nature of the products and production processes, type of customers, distribution methods and regulatory environment.

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

2016

 

Net product revenues by product:

 

 

 

 

 

 

 

 

Aldurazyme

 

$

19,355

 

 

$

16,445

 

Firdapse

 

 

4,110

 

 

 

4,239

 

Kuvan

 

 

92,346

 

 

 

76,692

 

Naglazyme

 

 

80,558

 

 

 

65,403

 

Vimizim

 

 

105,821

 

 

 

72,578

 

Total net product revenues

 

$

302,190

 

 

$

235,357

 

 

The following table summarizes total revenues from external customers and collaborative partners by geographic region. Net product revenues by geographic region are based on patient location for the Company’s commercial products, except for Aldurazyme, which is based on the location of Genzyme’s headquarters. Although Genzyme sells Aldurazyme worldwide, the revenues earned by the Company based on Genzyme’s net sales are included in the U.S. region, as the transactions are with Genzyme whose headquarters are located in the U.S.

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

2016

 

Total revenues by geographic region:

 

 

 

 

 

 

 

 

United States

 

$

132,485

 

 

$

109,146

 

Europe

 

 

66,019

 

 

 

59,710

 

Latin America

 

 

37,263

 

 

 

18,379

 

Rest of world

 

 

67,978

 

 

 

49,501

 

Total revenues

 

$

303,745

 

 

$

236,736