XML 30 R22.htm IDEA: XBRL DOCUMENT v3.20.1
Collaboration, License, Co-Promotion and Other Commercial Agreements (Tables)
3 Months Ended
Mar. 31, 2020
Table Text Blocks  
Schedule of revenue attributable to transactions from collaboration and license arrangements

Three Months Ended

March 31, 

Collaborative Arrangements Revenue

2020

    

2019

Linaclotide Collaboration Agreements:

Allergan (North America)

$

71,692

$

64,785

Allergan (Europe and other)

643

420

AstraZeneca (China, including Hong Kong and Macau)

332

 

Astellas (Japan)

479

 

Co-Promotion and Other Agreements:

Alnylam (GIVLAARI)

945

Other

354

947

Total collaborative arrangements revenue

$

74,445

$

66,152

Sale of API

Linaclotide License Agreements:

Astellas (Japan)

$

$

2,575

AstraZeneca (China, including Hong Kong and Macau)

5,498

Other

3

Total sale of API

$

5,498

$

2,578

Allergan  
Table Text Blocks  
Schedule of revenue attributable to transactions from collaboration and license arrangements

The Company recognized collaborative arrangements revenue from the Allergan collaboration agreement for North America during the three months ended March 31, 2020 and 2019 as follows (in thousands):

Three Months Ended

March 31, 

    

2020

    

2019

    

Collaborative arrangements revenue related to sales of LINZESS in the U.S.

$

71,142

$

64,293

Royalty revenue

 

550

 

492

Total collaborative arrangements revenue

$

71,692

$

64,785

Schedule of amount recorded by the Company for share of net loss related to collaborative arrangement

The following table presents the amounts recorded by the Company for commercial efforts related to LINZESS in the U.S. in the three months ended March 31, 2020 and 2019 (in thousands):

Three Months Ended

March 31, 

    

2020

    

2019

    

Collaborative arrangements revenue related to sales of LINZESS in the U.S.(1)

$

71,142

$

64,293

Selling, general and administrative costs incurred by the Company(1)

 

(8,674)

 

(10,277)

The Company’s share of net profit

$

62,468

$

54,016

(1) Includes only collaborative arrangements revenue or selling, general and administrative costs attributable to the cost-sharing arrangement with Allergan. Excludes approximately $0.2 million and approximately $0.5 million for the three months ended March 31, 2020 and 2019, respectively, related to patent prosecution and patent litigation costs recognized in connection with the collaboration agreement with Allergan for North America.