XML 38 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
MAYO LICENSE AGREEMENT (Details)
$ in Thousands, shares in Millions
1 Months Ended 3 Months Ended 9 Months Ended
Aug. 02, 2016
shares
Jan. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Sep. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Feb. 28, 2015
USD ($)
installment
Other Payments                  
Charges incurred as part of the research collaboration     $ 7,625   $ 9,863   $ 26,391 $ 24,549  
Amendments                  
Number of shares of restricted stock granted as a consideration for the expanded license | shares 9.8                
Licensing Agreements | MAYO                  
Warrants                  
Value of common stock required to be issued upon commercial launch of second and third products   $ 200              
Amount agreed to be paid upon commercialization   200              
Other Payments                  
Charges incurred as part of the research collaboration     800   500   2,600 1,600  
Payments for research and development efforts     1,000   900   3,300 2,400  
Estimated liability for research and development efforts     $ 500   $ 400   500 $ 400  
Amendments                  
License fees payable in five annual installments                 $ 5,000
License fee payments       $ 1,000   $ 1,000      
Number of annual installments in which license fees are payable | installment                 5
Licensing Agreements | MAYO | Sales Milestone Range One                  
Warrants                  
Amount agreed to be paid upon reaching the specified amount of net sales   200              
Net sales of a licensed product   5,000              
Licensing Agreements | MAYO | Sales Milestone Range Two                  
Warrants                  
Amount agreed to be paid upon reaching the specified amount of net sales   800              
Net sales of a licensed product   20,000              
Licensing Agreements | MAYO | Sales Milestone Range Three                  
Warrants                  
Amount agreed to be paid upon reaching the specified amount of net sales   2,000              
Net sales of a licensed product   $ 50,000              
Licensing Agreements | MAYO | Minimum                  
Warrants                  
Royalty payments             $ 25