Subsequent Event

12 Months Ended

Dec. 31, 2015

Subsequent events

Subsequent event

Note 15. Subsequent Events

In January 2016, we earned a $35.0 million milestone payment from Lilly for the submission of a new drug application to the U.S. Food and Drug Administration for the approval of oral once-daily baricitinib for the treatment of moderately-to-severely active rheumatoid arthritis. Also in January 2016, we earned a $20.0 million milestone payment from Lilly for the submission of the Marketing Authorization Application to the Europe Medicines Agency for the approval of oral once-daily baricitinib for the treatment of moderately-to-severely active rheumatoid arthritis.