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Liability Related to Sale of Future Royalties (Tables)
9 Months Ended
Sep. 30, 2018
Liability Related to Sale of Future Royalties  
Schedule of Liability account during the period from the inception of the royalty transaction

The following table shows the activity within the liability account during the nine-month period ended September 30, 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

Period from

 

 

December 31, 2017 to

 

    

September 30,  2018

Liability related to sale of future royalties, net — beginning balance

 

$

169,413

Kadcyla royalty payments received and paid

 

 

(23,658)

Non-cash interest expense recognized

 

 

8,192

Liability related to sale of future royalties, net  — ending balance

 

$

153,947