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Inventory
3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
Inventory

(4) Inventory

The Company capitalizes its purchases of saleable inventory of VASCEPA from suppliers that have been qualified by the U.S. FDA. Inventories as of March 31, 2022 and December 31, 2021 consist of the following:

 

In thousands

 

March 31, 2022

 

 

December 31, 2021

 

Raw materials

 

$

123,318

 

 

$

107,695

 

Work in process

 

 

56,217

 

 

 

41,965

 

Finished goods

 

 

229,335

 

 

 

206,270

 

Total inventory

 

$

408,870

 

 

$

355,930

 

As of March 31, 2022 and December 31, 2021, the Company had $141.1 million and $121.3 million of Long-term inventory, respectively, as consumption is expected beyond the Company's normal operating cycle.