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Revenues and other income (Tables)
6 Months Ended
Jun. 30, 2020
Total revenues and other income  
Schedule of revenues

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30,

 

 

Over time

2020

    

2019

 

 

 

(Euro, in thousands)

Recognition of non-refundable upfront payments and license fees

 

 

€

180,711

 

€

42,113

Gilead collaboration agreement for filgotinib

Ö

 

67,992

 

 

41,069

Gilead collaboration agreement for drug discovery platform

Ö

 

112,719

 

 

 —

AbbVie collaboration agreement for CF

Ö

 

 —

 

 

1,044

Milestone payments

 

 

 

6,996

 

 

33,383

Gilead collaboration agreement for filgotinib

Ö

 

6,996

 

 

10,034

AbbVie collaboration agreement for CF

Ö

 

 —

 

 

23,349

Reimbursement income

 

 

 

6,628

 

 

11,344

Novartis collaboration agreement for MOR106

Ö

 

6,659

 

 

10,595

AbbVie collaboration agreement for CF

Ö

 

(31)

 

 

749

Other revenues

 

 

 

7,438

 

 

4,944

Fee-for-services revenues

Ö

 

7,369

 

 

4,878

Other revenues

 

 

69

 

 

66

Total revenues

 

 

€

201,773

 

€

91,785

 

Schedule of current and non-current deferred income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

  Gilead collaboration agreement for filgotinib

 

 

  Gilead collaboration agreement for drug discovery platform (1)

 

 

  Deferred income related to contracts in our fee-for-service segment

 

 

Deferred income related to grants

 

 

Other

 

 

 

(Euro, in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

On January 1, 2020

 

€

3,000,646

 

€

780,261

 

€

2,220,013

 

€

362

 

€

 —

 

€

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Significant financing component (2)

 

 

8,728

 

 

8,728

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue recognition of upfront

 

 

(180,711)

 

 

(67,992)

 

 

(112,719)

 

 

 

 

 

 

 

 

 

Revenue recognition of milestones

 

 

(6,996)

 

 

(6,996)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other movements

 

 

2,166

 

 

 

 

 

 

 

 

(324)

 

 

2,500

 

 

(10)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

On June 30, 2020

 

€

2,823,833

 

€

714,001

 

€

2,107,294

 

€

38

 

€

2,500

 

€

 —

 

(1)

The outstanding balance at January 1,2020 and June 30,2020 comprise the issuance liability for subsequent warrant B and the upfront payment allocated to the drug discovery platform.

(2)

With regard to the additional consideration received for the extended cost sharing for filgotinib, we assume the existence of a significant financing component reflecting the time value of money on the estimated recognition period.