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Accounts Payable & Other Current Liabilities (Tables)
6 Months Ended
Jun. 30, 2017
Payables and Accruals [Abstract]  
Summary of Accounts Payable and Other Current Liabilities
Accounts payable and other current liabilities consist of the following:
 
(in thousands)
JUNE 30, 2017
 
DECEMBER 31, 2016
Accounts payable
$
2,194

 
$
5,610

Accrued expenses and other current liabilities:
 
 
 
Employee benefits and compensation related accruals(1)
3,142

 
4,111

Selling, general and administrative related accruals(2)
4,302

 
2,908

Research and development related accruals(3)
3,627

 
6,191

 
$
13,265

 
$
18,820

 
(1)
Comprised of accrued bonus, accrued vacation and other employee-related expenses.
(2)
Comprised of accruals such as outside professional fees, accruals related to commercial manufacturing activities and other business related expenses.
(3)
Comprised of accruals such as fees for investigative sites, contract research organizations, contract manufacturing organizations and other service providers that assist in conducting preclinical research studies and clinical trials.