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Segments
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
SEGMENTS
SEGMENTS
We currently manage our operations in two reportable segments, pharmaceuticals and diagnostics. The pharmaceuticals segment consists of two operating segments, our (i) pharmaceutical research and development segment which is focused on the research and development of pharmaceutical products, and vaccines, and (ii) the pharmaceutical operations we acquired in Chile, Mexico, Israel, Spain and Brazil. The diagnostics segment consists of two operating segments, our (i) pathology operations we acquired through the acquisition of OURLab and (ii) point-of-care and molecular diagnostics operations. There are no inter-segment sales. We evaluate the performance of each segment based on operating profit or loss. There is no inter-segment allocation of interest expense and income taxes.
Information regarding our operations and assets for our operating segments and the unallocated corporate operations as well as geographic information are as follows:
 
For the three months ended September 30,
 
For the nine months ended September 30,
(In thousands)
2013
 
2012
 
2013
 
2012
Product revenues:
 
 
 
 
 
 
 
Pharmaceuticals
$
16,563

 
$
11,495

 
$
50,708

 
$
30,051

Diagnostics

 

 

 

Corporate

 

 

 

 
$
16,563

 
$
11,495

 
$
50,708

 
$
30,051

Revenue from services:
 
 
 
 
 
 
 
Pharmaceuticals
$

 
$

 
$

 
$

Diagnostics
2,710

 
43

 
8,870

 
173

Corporate
60

 
57

 
180

 
159

 
$
2,770

 
$
100

 
$
9,050

 
$
332

Revenue from transfer of intellectual property:
 
 
 
 
 
 
 
Pharmaceuticals
$
913

 
$

 
$
14,720

 
$

Diagnostics
395

 
200

 
1,360

 
400

Corporate

 

 

 

 
$
1,308

 
$
200

 
$
16,080

 
$
400

Operating (loss) income:
 
 
 
 
 
 
 
Pharmaceuticals
$
(11,126
)
 
$
(1,755
)
 
$
(7,171
)
 
$
(5,072
)
Diagnostics
(399
)
 
(3,810
)
 
(16,783
)
 
(12,835
)
Corporate
(6,606
)
 
(3,804
)
 
(17,393
)
 
(9,650
)
Less: Operating loss attributable to noncontrolling interests
(879
)
 

 
(2,419
)
 

 
$
(19,010
)
 
$
(9,369
)
 
$
(43,766
)
 
$
(27,557
)
Depreciation and amortization:
 
 
 
 
 
 
 
Pharmaceuticals
$
2,020

 
$
1,780

 
$
5,417

 
$
4,805

Diagnostics
1,717

 
841

 
5,110

 
2,510

Corporate
31

 
44

 
121

 
132

 
$
3,768

 
$
2,665

 
$
10,648

 
$
7,447

Revenues:
 
 
 
 
 
 
 
United States
$
4,078

 
$
300

 
$
25,130

 
$
732

Chile
7,993

 
6,781

 
24,216

 
19,669

Spain
4,026

 
1,997

 
13,503

 
1,997

Israel
3,099

 
1,516

 
9,666

 
4,661

Mexico
1,445

 
1,201

 
3,323

 
3,724

 
$
20,641

 
$
11,795

 
$
75,838

 
$
30,783

(In thousands)
September 30,
2013
 
December 31,
2012
Assets:
 
 
 
Pharmaceuticals
$
1,087,950

 
$
142,299

Diagnostics
114,434

 
112,422

Corporate
180,598

 
35,109

 
$
1,382,982

 
$
289,830

Goodwill:
 
 
 
Pharmaceuticals
$
174,734

 
$
32,844

Diagnostics
47,606

 
47,606

Corporate

 

 
$
222,340

 
$
80,450


During the three and nine months ended September 30, 2013 and 2012, no customer represented more than 10% of our total revenue. As of September 30, 2013 and December 31, 2012, no customer represented more than 10% of our accounts receivable balance.