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License and Royalty Revenue (Tables)
12 Months Ended
Dec. 31, 2021
Schedule Of License and Royalty Revenue

License and royalty revenue consisted of the following (in thousands):

 

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

AbbVie collaboration and license agreement

 

$

370,000

 

 

$

 

 

$

 

Royalties on net sales of Zolgensma

 

 

94,978

 

 

 

61,631

 

 

 

20,829

 

Achievement of sales-based milestone for Zolgensma

 

 

 

 

 

80,000

 

 

 

 

Other license and royalty revenue

 

 

5,369

 

 

 

12,936

 

 

 

14,404

 

Total license and royalty revenue

 

$

470,347

 

 

$

154,567

 

 

$

35,233

 

Novartis Gene Therapies [Member]  
Schedule Of License and Royalty Revenue

The Company recognized the following amounts under the March 2014 License with Novartis Gene Therapies (in thousands):

 

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Royalties on net sales of Zolgensma

 

$

94,978

 

 

$

61,631

 

 

$

20,829

 

Achievement of sales-based milestone for Zolgensma

 

 

 

 

 

80,000

 

 

 

 

Other license revenue

 

 

 

 

 

3,500

 

 

 

3,500

 

Total license and royalty revenue

 

$

94,978

 

 

$

145,131

 

 

$

24,329

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income from licensing

 

$

22

 

 

$

26

 

 

$

29