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Segments
3 Months Ended
Mar. 31, 2015
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, Brazil, and Uruguay. The diagnostics segment consists of two operating segments, our (i) pathology operations we acquired through the acquisition of OPKO Lab and (ii) point-of-care and molecular diagnostics operations. There are no significant 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 March 31,
(In thousands)
2015
 
2014
Product revenues:
 
 
 
Pharmaceuticals
$
15,486

 
$
19,828

Diagnostics

 

Corporate

 

 
$
15,486

 
$
19,828

Revenue from services:
 
 
 
Pharmaceuticals
$

 
$

Diagnostics
2,009

 
1,910

Corporate
60

 
60

 
$
2,069

 
$
1,970

Revenue from transfer of intellectual property:
 
 
 
Pharmaceuticals
$
12,529

 
$
285

Diagnostics

 
191

Corporate

 

 
$
12,529

 
$
476

Operating (loss) income:
 
 
 
Pharmaceuticals
$
(37,924
)
 
$
(16,573
)
Diagnostics
(8,477
)
 
(7,078
)
Corporate
(9,979
)
 
(6,137
)
Less: Operating loss attributable to noncontrolling interests
(534
)
 
(489
)
 
$
(56,914
)
 
$
(30,277
)
Depreciation and amortization:
 
 
 
Pharmaceuticals
$
1,756

 
$
1,849

Diagnostics
1,747

 
1,691

Corporate
22

 
24

 
$
3,525

 
$
3,564

Net loss from investment in investees:
 
 
 
Pharmaceuticals
$
(1,761
)
 
$
(2,056
)
Diagnostics

 

Corporate

 

 
$
(1,761
)
 
$
(2,056
)
Revenues:
 
 
 
United States
$
2,493

 
$
2,446

Ireland
12,104

 

Chile
6,452

 
7,285

Spain
3,937

 
6,150

Israel
4,213

 
4,546

Mexico
885

 
1,831

Other

 
16

 
$
30,084

 
$
22,274


(In thousands)
March 31,
2015
 
December 31,
2014
Assets:
 
 
 
Pharmaceuticals
$
1,098,031

 
$
1,064,498

Diagnostics
105,751

 
108,072

Corporate
308,467

 
95,094

 
$
1,512,249

 
$
1,267,664

Goodwill:

 

Pharmaceuticals
$
172,254

 
$
173,327

Diagnostics
50,965

 
50,965

Corporate

 

 
$
223,219

 
$
224,292



During the three months ended March 31, 2015, revenue recognized under the Pfizer Transaction represented 42% of our total revenue. Refer to Note 12. During the three months ended March 31, 2014, no customer represented more than 10% of our total revenue. As of March 31, 2015 and December 31, 2014, no customer represented more than 10% of our accounts receivable balance.