Subsequent Events

12 Months Ended

Dec. 31, 2017

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

In February 2018, the Company entered into a Scale-Up and Commercial Supply Agreement with 3M (the “3M Supply Agreement”). Pursuant to the 3M Supply Agreement, 3M has agreed to exclusively manufacture Phase 3 and global commercial supplies of an abaloparatide-coated patch product and associated applicator device for Radius. The 3M Supply Agreement has an initial term ending five years after the first commercial sale of the product.

Under the 3M Supply Agreement, Radius will pay 3M a mid-to-low single digit royalty on worldwide net sales of the product. Radius is also responsible for providing supplies of abaloparatide to be used in the manufacturing of the patch product and will reimburse 3M for certain capital expenditures incurred to establish commercial supply of the product, which include scale-up and regulatory costs.