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Collaborations and License Agreements (Tables)
12 Months Ended
Dec. 31, 2015
Collaborations and License Agreements  
Schedules of tables providing amounts included in the company's consolidated statements of comprehensive loss attributable to transactions arising from its collaborative arrangements

 

 

                                                                                                                                                                                    

 

 

For the Year Ended December 31, 2015 (in thousands)

 

 

 

2003 Sandoz
Collaboration
Agreement

 

2006 Sandoz
Collaboration
Agreement

 

Baxalta
Collaboration
Agreement

 

Total
Collaborations

 

Collaboration revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

$

5,063 

 

$

43,440 

 

$

 

$

48,503 

 

​  

​  

​  

​  

​  

​  

​  

​  

Research and development revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Milestone payments

 

 

 

 

20,000 

 

 

 

 

20,000 

 

Amortization of upfront payments and license payments              

 

 

 

 

 

 

9,014 

 

 

9,014 

 

Research and development services and external costs

 

 

789 

 

 

2,861 

 

 

8,483 

 

 

12,133 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total research and development revenue

 

$

789 

 

$

22,861 

 

$

17,497 

 

$

41,147 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total collaboration revenues

 

$

5,852 

 

$

66,301 

 

$

17,497 

 

$

89,650 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development expense(1)

 

$

324 

 

$

856 

 

$

1,851 

 

$

3,031 

 

General and administrative expense(1)

 

$

344 

 

$

206 

 

$

963 

 

$

1,513 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total operating expenses

 

$

668 

 

$

1,062 

 

$

2,814 

 

$

4,544 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

For the Year Ended December 31, 2014 (in thousands)

 

 

 

2003 Sandoz
Collaboration
Agreement

 

2006 Sandoz
Collaboration
Agreement

 

Baxalta
Collaboration
Agreement

 

Total
Collaborations

 

Collaboration revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

$

19,963 

 

$

 

$

 

$

19,963 

 

​  

​  

​  

​  

​  

​  

​  

​  

Research and development revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Milestone payments

 

 

 

 

 

 

12,000 

 

 

12,000 

 

Amortization of upfront payments and license payments                    

 

 

 

 

480 

 

 

3,239 

 

 

3,719 

 

Research and development services and external costs

 

 

1,043 

 

 

2,452 

 

 

13,073 

 

 

16,568 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total research and development revenue

 

$

1,043 

 

$

2,932 

 

$

28,312 

 

$

32,287 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total collaboration revenues

 

$

21,006 

 

$

2,932 

 

$

28,312 

 

$

52,250 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development expense(1)

 

$

341 

 

$

920 

 

$

16,637 

 

$

17,898 

 

General and administrative expense(1)

 

$

125 

 

$

299 

 

$

527 

 

$

951 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total operating expenses

 

$

466 

 

$

1,219 

 

$

17,164 

 

$

18,849 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

For the Year Ended December 31, 2013 (in thousands)

 

 

 

2003 Sandoz
Collaboration
Agreement

 

2006 Sandoz
Collaboration
Agreement

 

Baxalta
Collaboration
Agreement

 

Total
Collaborations

 

Collaboration revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

$

16,701 

 

$

 

$

 

$

16,701 

 

​  

​  

​  

​  

​  

​  

​  

​  

Research and development revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of upfront payments          

 

 

 

 

1,128 

 

 

2,851 

 

 

3,979 

 

Research and development services and external costs

 

 

3,040 

 

 

715 

 

 

11,030 

 

 

14,785 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total research and development revenue

 

$

3,040 

 

$

1,843 

 

$

13,881 

 

$

18,764 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total collaboration revenues

 

$

19,741 

 

$

1,843 

 

$

13,881 

 

$

35,465 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development expense(1)

 

$

802 

 

$

2,525 

 

$

22,707 

 

$

26,034 

 

General and administrative expense(1)

 

$

 

$

511 

 

$

493 

 

$

1,004 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total operating expenses

 

$

802 

 

$

3,036 

 

$

23,200 

 

$

27,038 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


 

 

 

(1)          

The amounts represent external expenditures, including amortization of an intangible asset, and exclude salaries and benefits, share-based compensation, facilities, depreciation and laboratory supplies, as these costs are not directly charged to programs.