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Segment Information (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
segment
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Segment Reporting Information [Line Items]      
Number of operating segments | segment 1    
Number of reportable segments | segment 1    
Total collaboration revenue $ 0 $ 0 $ 330,531
Expenses      
Total research and development expenses [1] 418,778 396,440 423,876
Total general and administrative expenses 136,564 105,438 103,354
Total operating expenses 555,342 501,878 527,230
Segment gain from divestiture of small molecule programs 0 14,537 0
Loss from operations (555,342) (487,341) (196,699)
Segment interest and other income, net 42,904 64,636 51,505
Loss before income taxes (512,438) (422,705) (145,194)
Therapeutics Segment      
Segment Reporting Information [Line Items]      
Total collaboration revenue 0 0 330,531
Expenses      
Other research and development expenses 86,958 62,715 74,518
Personnel related research and development expenses 168,221 152,906 160,444
Total research and development expenses 418,778 396,440 423,876
Personnel related general and administrative expenses 86,234 73,505 73,668
Other general and administrative expenses 50,330 31,933 29,686
Total general and administrative expenses 136,564 105,438 103,354
Total operating expenses 555,342 501,878 527,230
Segment gain from divestiture of small molecule programs 0 14,537 0
Loss from operations (555,342) (487,341) (196,699)
Segment interest and other income, net 42,904 64,636 51,505
Loss before income taxes (512,438) (422,705) (145,194)
Therapeutics Segment | TV Programs, Including Cost Sharing      
Expenses      
External research and development expense 154,799 138,196 139,064
Therapeutics Segment | Small Molecule Programs, Including Cost Sharing      
Expenses      
External research and development expense $ 8,800 $ 42,623 $ 49,850
[1] Includes expense for cost sharing payments to a related party of $17.7 million for the year ended December 31, 2023.