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Inventories
 3 Months Ended
Mar. 31, 2017
Inventories  
Inventories

 

4. Inventories

 

The following table presents inventories as of December 31, 2016 and March 31, 2017 (in thousands):

 

 

 

 

 

 

 

 

December 31,

 

March 31,

 

2016

 

2017

Raw materials

$

13,263

 

$

13,165

Work in process

 

584

 

 

1,736

Finished goods

 

853

 

 

742

Total inventories

$

14,700

 

$

15,643

 

 

 

 

 

 

Inventories are related to the Company’s approved products, VARUBI and ZEJULA.  If future sales of VARUBI or ZEJULA are less than expected, the Company may be required to write down the value of such inventories.