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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Products, net $ 323,763 $ 370,043 $ 982,967 $ 1,494,689
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Collaboration and other $ 57,588 $ 29,313 $ 530,438 $ 260,614
Total revenues 381,351 399,356 1,513,405 1,755,303
Cost and expenses:        
Cost of sales (excluding amortization of in-licensed rights) 188,512 150,775 446,665 440,897
Research and development 82,549 218,890 327,767 1,196,730
Selling, general and administrative 118,612 91,893 335,163 363,419
Litigation contingency charge 0 0 39,000 0
Restructuring Charges 0 40,510 0 40,510
Amortization of in-licensed rights 718 677 2,126 1,945
Total cost and expenses 390,391 502,745 1,150,721 2,043,501
Operating (loss) income (9,040) (103,389) 362,684 (288,198)
Other (loss) income, net:        
Other (expense) income, net (16,726) 34,958 (47,025) (10,113)
Gain on debt extinguishment 0 3,761 0 3,761
Total other (loss) income, net (16,726) 38,719 (47,025) (6,352)
(Loss) income before income tax expense (benefit) (25,766) (64,670) 315,659 (294,550)
Income tax expense (benefit) 2,695 (14,102) 18,051 6,634
Net (loss) income (28,461) (50,568) 297,608 (301,184)
Other comprehensive (loss) income:        
Unrealized (losses) gains on investments, net of tax (1,021) 271 (1,858) 438
Total other comprehensive (loss) income (1,021) 271 (1,858) 438
Comprehensive (loss) income $ (29,482) $ (50,297) $ 295,750 $ (300,746)
(Loss) earnings per share:        
Basic $ (0.27) $ (0.5) $ 2.82 $ (3.06)
Diluted $ (0.27) $ (0.5) $ 2.78 $ (3.06)
Weighted average number of shares of common stock used in computing (loss) earnings per share:        
Basic 105,930,000 100,237,000 105,453,000 98,545,000
Diluted 105,930,000 100,237,000 107,646,000 98,545,000