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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of disaggregation of revenue
The following table summarizes revenue by revenue source as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
Major Products/Service Lines (in thousands)2022202120222021
    Product revenue, net(1)
$217,782 $93,562 $397,791 $180,881 
    License and royalty revenues(2)
5,941 7,502 34,812 12,692 
Total revenues$223,723 $101,064 $432,603 $193,573 
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(1)The Company’s principal products include PYLARIFY, DEFINITY and TechneLite and are categorized within product revenue, net. The Company applies the same revenue recognition policies and judgments for all its principal products.
(2)The Company recognized $24.0 million license revenue in the first quarter of 2022 related to an agreement with Novartis Pharma AG.
Revenue by product category on a net basis is as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2022202120222021
   DEFINITY$62,306 $59,842 $120,634 $115,813 
   TechneLite19,440 23,772 42,045 46,572 
   Other precision diagnostics5,363 6,742 10,628 13,726 
Total precision diagnostics87,109 90,356 173,307 176,111 
   PYLARIFY130,232 273 223,009 273 
   Other radiopharmaceutical oncology928 2,539 2,255 4,039 
Total radiopharmaceutical oncology131,160 2,812 225,264 4,312 
Strategic partnerships and other revenue5,454 7,896 34,032 13,150 
Total revenues$223,723 $101,064 $432,603 $193,573