ACCRUED EXPENSES

12 Months Ended

Dec. 31, 2024

Payables and Accruals [Abstract]

ACCRUED EXPENSES

12. ACCRUED EXPENSES

The following table summarizes the Company’s accrued expenses for each of the periods indicated:

	As of December 31,
	2024		2023
	(in thousands)
Product revenue related reserves	$	109,157	$	100,075
Accrued employee compensation costs		91,119		78,732
Accrued contract manufacturing costs		77,842		33,024
Accrued clinical and pre-clinical costs		26,849		34,669
Accrued professional fees		17,691		17,187
Accrued income taxes		17,391		13,766
Accrued royalties		16,625		12,070
Accrued fixed assets		5,305		3,231
Accrued interest expense		4,192		4,395
Accrued milestone and license expense		2,000		11,375
Other		5,342		6,473
Total accrued expenses	$	373,513	$	314,997