XML 60 R71.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Collaborative Arrangements and Licensing Agreements, Biogen (Details)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2019
USD ($)
Drug
Country
Dec. 31, 2017
USD ($)
PerformanceObligation
Sep. 30, 2013
USD ($)
PerformanceObligation
Dec. 31, 2012
USD ($)
Program
Target
Feb. 26, 2020
USD ($)
Dec. 31, 2019
USD ($)
Drug
Country
Target
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Dec. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Sep. 30, 2017
Payment
Dec. 31, 2019
USD ($)
Drug
Payment
Target
Country
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
PerformanceObligation
Apr. 30, 2018
USD ($)
PerformanceObligation
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue                         $ 1,122,599 $ 599,674 $ 514,179  
SPINRAZA Royalties [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue                         292,992 237,930 112,540  
Licensing and Other Royalties [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue                         17,205 14,755 7,474  
R&D Revenue [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue                         $ 770,149 344,752 394,165  
Biogen [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Number of drugs currently being developed | Drug 8         8             8      
Cumulative payments received $ 2,400,000         $ 2,400,000             $ 2,400,000      
Revenue                         473,600 375,000 $ 263,100  
Deferred revenue $ 525,800         $ 525,800     $ 580,900       $ 525,800 $ 580,900    
Biogen [Member] | Revenue [Member] | Strategic Partner [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Concentration percentage                         42.00% 63.00% 51.00%  
Biogen [Member] | SPINRAZA Royalties [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue                         $ 293,000 $ 237,900 $ 112,500  
Biogen [Member] | R&D Revenue [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue                         $ 180,600 $ 137,100 150,600  
SPINRAZA [Member] | Minimum [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Number of countries where SPINRAZA is approved for use | Country 50         50             50      
Cumulative revenue earned $ 1,000,000         $ 1,000,000             $ 1,000,000      
Royalty percentage received on net sales of drug                         11.00%      
SPINRAZA [Member] | Maximum [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Royalty percentage received on net sales of drug                         15.00%      
SPINRAZA [Member] | SPINRAZA Royalties [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Cumulative revenue earned 640,000         640,000             $ 640,000      
SPINRAZA [Member] | R&D Revenue [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Cumulative revenue earned 435,000         435,000             $ 435,000      
Revenue                             $ 90,000  
New Antisense Medicines for the Treatment of SMA [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Royalty percentage received on net sales of drug                         20.00%      
Upfront payment received   $ 25,000                            
Maximum amount of payments receivable for license fees and milestones 1,200,000         1,200,000             $ 1,200,000      
Maximum amount of payments receivable for development milestones 80,000         80,000             80,000      
Maximum amount of payments receivable for commercialization milestones 180,000         180,000             180,000      
Maximum amount of payments receivable for sales milestones 800,000         800,000             800,000      
Next prospective payment 60,000         60,000             60,000      
Number of separate performance obligations | PerformanceObligation   1                         1  
Transaction price   $ 25,000                         $ 25,000  
Revenue           8,300                    
2018 Strategic Neurology [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Cumulative payments received 1,000,000         1,000,000             $ 1,000,000      
Upfront payment received, including purchase of stock                     $ 1,000,000          
Royalty percentage received on net sales of drug                         20.00%      
Upfront payment received                     375,000          
Next prospective payment 7,500         7,500             $ 7,500      
Number of separate performance obligations | PerformanceObligation                               1
Transaction price                               $ 552,000
Term of collaboration agreement                         10 years      
Proceeds from issuance of common stock                     $ 625,000          
Percentage cash premium paid on shares purchased                     25.00%          
Maximum amount of payments receivable per drug for substantive milestone payments 270,000         $ 270,000             $ 270,000      
Number of targets advanced | Target           2             4      
Premium paid on shares purchased                     $ 177,000          
Number of milestone payments achieved | Payment                       2 4      
Cumulative payments included in transaction price for performance obligation 597,000         $ 597,000             $ 597,000      
Payments included in transaction price for performance obligation                         7,500      
Milestone payment achieved                 15,000              
2013 Strategic Neurology [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Cumulative payments received 240,000         240,000             240,000      
Upfront payment received     $ 100,000                          
Next prospective payment $ 10,000         $ 10,000             $ 10,000      
Number of separate performance obligations | PerformanceObligation     1                          
Transaction price     $ 100,000                          
Number of drugs currently being advanced | Drug 5         5             5      
Revenue             $ (16,500)                  
2013 Strategic Neurology [Member] | Licensing and Other Royalties [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue                 35,000              
2013 Strategic Neurology [Member] | R&D Revenue [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Cumulative payments included in transaction price for performance obligation $ 145,000         $ 145,000             $ 145,000      
2013 Strategic Neurology [Member] | Medicines for ALS [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Number of drugs currently being advanced | Drug 2         2             2      
Number of drugs licensed under option | Drug 1                              
2013 Strategic Neurology [Member] | Medicines for Undisclosed Targets [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Number of drugs currently being advanced | Drug 2         2             2      
2013 Strategic Neurology [Member] | Antisense Molecule [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Maximum amount of payments receivable per program for license fee and milestone payments $ 260,000         $ 260,000             $ 260,000      
Maximum amount of payments receivable per program for development milestones 60,000         60,000             60,000      
Maximum amount of payments receivable per program for regulatory milestones 130,000         130,000             130,000      
2013 Strategic Neurology [Member] | IONIS-C9 [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue           10,000       $ 10,000            
2013 Strategic Neurology [Member] | Tofersen [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue                 $ 5,000              
2013 Strategic Neurology [Member] | ION859 [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue             8,000                  
2012 Neurology [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Cumulative payments received 130,000         130,000             130,000      
Upfront payment received       $ 30,000                        
Next prospective payment 12,000         12,000             12,000      
Maximum amount of payments receivable per program for license fee and milestone payments 210,000         210,000             210,000      
Maximum amount of payments receivable per program for development milestones 10,000         10,000             10,000      
Maximum amount of payments receivable per program for regulatory milestones 130,000         130,000             130,000      
Number of drugs to be developed and commercialized | Target       3                        
Number of programs under which drugs are to be developed and commercialized | Program       3                        
Revenue           10,000 $ 6,300                  
2012 Neurology [Member] | Subsequent Event [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue         $ 7,500                      
2012 Neurology [Member] | Licensing and Other Royalties [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue           45,000                    
2012 Neurology [Member] | R&D Revenue [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Cumulative payments included in transaction price for performance obligation 40,000         40,000             40,000      
2012 Neurology [Member] | IONIS-MAPT [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Cumulative payments included in transaction price for performance obligation $ 37,500         37,500             $ 37,500      
Milestone payment achieved           12,000   $ 7,500                
Revenue           45,000                    
2012 Neurology [Member] | ION581 [Member]                                
Collaborative Arrangement and Licensing Agreement [Abstract]                                
Revenue           $ 10,000