XML 33 R32.htm IDEA: XBRL DOCUMENT v2.4.1.9
Collaboration and License Agreements (Details) (USD $)
3 Months Ended 1 Months Ended 52 Months Ended 1 Months Ended 45 Months Ended 0 Months Ended 1 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Sep. 30, 2007
Sep. 30, 2009
Dec. 31, 2012
Oct. 31, 2012
May 31, 2009
Apr. 30, 2009
Dec. 31, 2012
Nov. 13, 2009
Nov. 30, 2010
Nov. 30, 2009
Dec. 31, 2014
Collaboration and License Agreements                          
Total collaborative arrangements revenue $ 28,932,000us-gaap_Revenues $ 14,605,000us-gaap_Revenues                      
Net amounts receivable from third party 862,000us-gaap_AccountsReceivableNetCurrent                       10,000us-gaap_AccountsReceivableNetCurrent
Collaborative arrangement                          
Collaboration and License Agreements                          
Total collaborative arrangements revenue 2,300,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= us-gaap_CollaborativeArrangementMember
                       
Actavis Plc                          
Collaboration and License Agreements                          
Total collaborative arrangements revenue 25,325,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
8,447,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                     
Up-front fee received     70,000,000us-gaap_ProceedsFromLicenseFeesReceived
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                   
Equity investment in the entity's capital stock 25,000,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                       
Asset value for contingent equity investment by collaborative party recorded at inception of agreement     9,000,000irwd_ContingentEquityInvestmentAssetValue
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                   
Incremental deferred revenue related to contingent equity investment     9,000,000us-gaap_DeferredRevenueAdditions
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                   
Net cost sharing offset or incremental expense related to research and development expense 3,200,000irwd_NetCostSharingOffsetRelatedToResearchAndDevelopmentExpenseReimbursement
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
600,000irwd_NetCostSharingOffsetRelatedToResearchAndDevelopmentExpenseReimbursement
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                     
Net amounts receivable from third party 4,300,000us-gaap_AccountsReceivableNetCurrent
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                       
Collaborative arrangements revenue 25,137,000irwd_CollaborativeArrangementProfitShareSettlementAmountRecognized
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
[1],[2] 8,447,000irwd_CollaborativeArrangementProfitShareSettlementAmountRecognized
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
[1],[2]                      
Selling, general and administrative costs incurred by the Company (7,688,000)us-gaap_SellingAndMarketingExpense
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
[1] (7,999,000)us-gaap_SellingAndMarketingExpense
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
[1]                      
The Company's share of net profit (loss) 17,449,000irwd_CollaborativeArrangementNetIncomeLossRecognized
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
448,000irwd_CollaborativeArrangementNetIncomeLossRecognized
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                     
Actavis Plc | Convertible preferred stock (Note 11)                          
Collaboration and License Agreements                          
Issuance of Convertible preferred stock (in shares)       2,083,333us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ us-gaap_StatementClassOfStockAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                 
Actavis Plc | Development and sales milestones                          
Collaboration and License Agreements                          
Cumulative license fees and development milestone payments received 205,000,000irwd_LicenseFeesAndMilestonePaymentReceivedCumulative
/ irwd_AchievementOfMilestoneAxis
= irwd_DevelopmentAndSalesMilestonesMember
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                       
Actavis Plc | Development milestones                          
Collaboration and License Agreements                          
Number of milestones achieved under collaboration agreement 6irwd_NumberOfMilestonesAchieved
/ irwd_AchievementOfMilestoneAxis
= irwd_DevelopmentMilestonesMember
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                       
Milestone payment received         135,000,000irwd_MilestonePaymentReceived
/ irwd_AchievementOfMilestoneAxis
= irwd_DevelopmentMilestonesMember
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
               
Actavis Plc | Commercialization milestone                          
Collaboration and License Agreements                          
Percentage of net profit from commercialization 50.00%irwd_CollaborativeArrangementPercentageOfNetProfit
/ irwd_AchievementOfMilestoneAxis
= irwd_CommercializationMilestonesMember
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                       
Percentage of net loss from commercialization 50.00%irwd_CollaborativeArrangementPercentageOfNetLoss
/ irwd_AchievementOfMilestoneAxis
= irwd_CommercializationMilestonesMember
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                       
Actavis Plc | Maximum | Sales milestones                          
Collaboration and License Agreements                          
Milestone Payment to be Received by Company upon Milestone Achievement First Commercial Drug Launch 100,000,000irwd_MilestonePaymentToBeReceivedByCompanyUponMilestoneAchievementFirstCommercialDrugLaunch
/ irwd_AchievementOfMilestoneAxis
= irwd_SalesMilestonesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                       
AstraZeneca                          
Collaboration and License Agreements                          
Total collaborative arrangements revenue 1,230,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= irwd_AstraZenecaMember
408,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= irwd_AstraZenecaMember
                     
Up-front fee received           25,000,000us-gaap_ProceedsFromLicenseFeesReceived
/ us-gaap_TypeOfArrangementAxis
= irwd_AstraZenecaMember
             
Net cost sharing offset or incremental expense related to research and development expense 300,000irwd_NetCostSharingOffsetRelatedToResearchAndDevelopmentExpenseReimbursement
/ us-gaap_TypeOfArrangementAxis
= irwd_AstraZenecaMember
400,000irwd_NetCostSharingOffsetRelatedToResearchAndDevelopmentExpenseReimbursement
/ us-gaap_TypeOfArrangementAxis
= irwd_AstraZenecaMember
                     
AstraZeneca | Commercialization milestone                          
Collaboration and License Agreements                          
Percentage of net profit from commercialization           55.00%irwd_CollaborativeArrangementPercentageOfNetProfit
/ irwd_AchievementOfMilestoneAxis
= irwd_CommercializationMilestonesMember
/ us-gaap_TypeOfArrangementAxis
= irwd_AstraZenecaMember
             
Percentage of net loss from commercialization           55.00%irwd_CollaborativeArrangementPercentageOfNetLoss
/ irwd_AchievementOfMilestoneAxis
= irwd_CommercializationMilestonesMember
/ us-gaap_TypeOfArrangementAxis
= irwd_AstraZenecaMember
             
Almirall, S.A.                          
Collaboration and License Agreements                          
Total collaborative arrangements revenue 101,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
4,481,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
                     
Up-front fee received             40,000,000us-gaap_ProceedsFromLicenseFeesReceived
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
  6,000,000us-gaap_ProceedsFromLicenseFeesReceived
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
       
Milestone Payment to be Received by Company upon Milestone Achievement First Commercial Drug Launch 4,000,000irwd_MilestonePaymentToBeReceivedByCompanyUponMilestoneAchievementFirstCommercialDrugLaunch
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
                       
Asset value for contingent equity investment by collaborative party recorded at inception of agreement               6,000,000irwd_ContingentEquityInvestmentAssetValue
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
         
Incremental deferred revenue related to contingent equity investment               6,000,000us-gaap_DeferredRevenueAdditions
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
         
Almirall, S.A. | Convertible preferred stock (Note 11)                          
Collaboration and License Agreements                          
Equity investment in the entity's capital stock                   15,000,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
/ us-gaap_StatementClassOfStockAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
     
Issuance of Convertible preferred stock (in shares)                   681,819us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ us-gaap_StatementClassOfStockAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
     
Almirall, S.A. | Development milestones                          
Collaboration and License Agreements                          
Milestone payment received                     20,000,000irwd_MilestonePaymentReceived
/ irwd_AchievementOfMilestoneAxis
= irwd_DevelopmentMilestonesMember
/ us-gaap_TypeOfArrangementAxis
= irwd_AlmirallSAMember
   
Astellas Pharma Inc.                          
Collaboration and License Agreements                          
Total collaborative arrangements revenue 2,276,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= irwd_AstellasPharmaIncMember
1,269,000us-gaap_Revenues
/ us-gaap_TypeOfArrangementAxis
= irwd_AstellasPharmaIncMember
                     
Net profit share adjustment 1,200,000irwd_CollaborativeArrangementAdjustmentToShareOfNetProfit
/ us-gaap_TypeOfArrangementAxis
= irwd_AstellasPharmaIncMember
                       
Up-front fee received                       30,000,000us-gaap_ProceedsFromLicenseFeesReceived
/ us-gaap_TypeOfArrangementAxis
= irwd_AstellasPharmaIncMember
 
Canada and Mexico | Actavis Plc                          
Collaboration and License Agreements                          
Royalty revenue $ 200,000irwd_CollaborativeArrangementRevenueRecognizedInRoyaltyPayments
/ us-gaap_StatementGeographicalAxis
= irwd_CanadaAndMexicoMember
/ us-gaap_TypeOfArrangementAxis
= irwd_ActavisPlcMember
                       
[1] Includes only collaborative arrangement revenue or selling, general and administrative costs attributable to the cost-sharing arrangement with Actavis.
[2] Includes a net profit share adjustment of approximately $1.2 million recorded during the quarter ended March 31, 2015, as described above.