Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets, Net

Schedule of identifiable intangible assets

As of December 31, 2014 and 2013, our identifiable intangible assets consisted of the following (in thousands):

	December 31, 2014						December 31, 2013
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Amortizable intangible assets:
Makena Marketed Product	$	797,100	$	4,834	$	792,266	$	—	$	—	$	—
MuGard Rights		16,893		351		16,542		16,893		49		16,844
		813,993		5,185		808,808		16,893		49		16,844
Indefinite-lived intangible assets:
IPR&D		79,100		—		79,100		—		—		—
Total intangible assets	$	893,093	$	5,185	$	887,908	$	16,893	$	49	$	16,844

Schedule of expected future annual amortization expense related to intangible asset

We expect amortization expense related to our finite-lived intangible assets for the next five fiscal years to be as follows (in thousands):

Period	Estimated Amortization Expense
Year Ended December 31, 2015		51,886
Year Ended December 31, 2016		64,977
Year Ended December 31, 2017		76,679
Year Ended December 31, 2018		84,359
Year Ended December 31, 2019		55,746
Total	$	333,647