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Liability Related to Sale of Future Royalties (Tables)
9 Months Ended
Sep. 30, 2021
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, 2021 (in thousands):

Nine Months Ended

    

September 30, 2021

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

$

85,439

Proceeds from sale of future royalties, net

 

Kadcyla royalty payments received and paid

 

(54,117)

Non-cash interest expense recognized

10,945

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

$

42,267