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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 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
September 30,
Nine Months Ended
September 30,
Major Products/Service Lines (in thousands)2022202120222021
    Product revenue, net(1)
$233,366 $96,678 $631,157 $277,559 
    License and royalty revenues(2)
5,926 5,395 40,738 18,087 
Total revenues$239,292 $102,073 $671,895 $295,646 
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(1)The Company’s principal products include PYLARIFY, DEFINITY and TechneLite and are primarily categorized within product revenue, net. This category represents the delivery of physical goods. 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
September 30,
Nine Months Ended
September 30,
(in thousands)2022202120222021
   DEFINITY$60,740 $57,636 $181,374 $173,448 
   TechneLite22,094 22,680 64,139 69,252 
   Other precision diagnostics6,175 7,563 16,803 21,289 
Total precision diagnostics89,009 87,879 262,316 263,989 
   PYLARIFY143,754 7,724 366,763 7,997 
   Other radiopharmaceutical oncology928 1,166 3,183 5,206 
Total radiopharmaceutical oncology144,682 8,890 369,946 13,203 
Strategic partnerships and other revenue5,601 5,304 39,633 18,454 
Total revenues$239,292 $102,073 $671,895 $295,646