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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Products, net $ 611,523 $ 359,484
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember
Collaboration and other $ 133,333 $ 53,980
Total revenues 744,856 413,464
Cost and expenses:    
Cost of sales (excluding amortization of in-licensed rights) 137,564 50,559
Research and development 773,448 200,396
Selling, general and administrative 133,629 127,003
Amortization of in-licensed rights 601 601
Total cost and expenses 1,045,242 378,559
Operating (loss) income (300,386) 34,905
Other (loss) income, net:    
Other (expense) income, net (83,132) 6,543
(Loss) income before income tax expense (383,518) 41,448
Income tax expense 63,990 5,329
Net (loss) income (447,508) 36,119
Other comprehensive income (loss):    
Unrealized gains (losses) on investments, net of tax 252 (1,609)
Total other comprehensive income (loss) 252 (1,609)
Comprehensive (loss) income $ (447,256) $ 34,510
(Loss) earnings per share:    
(Loss) earnings per share, basic $ (4.6) $ 0.38
(Loss) earnings per share, diluted $ (4.6) $ 0.37
Weighted average number of shares of common stock used in computing (loss) earnings per share:    
Basic 97,362,000 93,991,000
Diluted 97,362,000 99,114,000