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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2017
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of useful lives of property and equipment

 

 

 

 

Furniture and office equipment

     

3 - 5 years

Machinery and equipment

 

5 - 7 years

Laboratory equipment

 

3 - 5 years

Leasehold improvements

 

Shorter of estimated useful life or lease term

 

Schedule of total revenues

Total revenues are summarized in the following table:

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

2017

    

2016

    

2015

 

Product sales:

 

 

 

 

 

 

 

 

 

 

NUCYNTA products

 

$

239,539

 

$

281,261

 

$

189,854

 

Gralise

 

 

77,034

 

 

88,446

 

 

81,054

 

CAMBIA

 

 

31,597

 

 

31,273

 

 

27,426

 

Lazanda

 

 

15,010

 

 

26,547

 

 

17,711

 

Zipsor

 

 

16,700

 

 

27,539

 

 

25,705

 

Total product sales

 

 

379,880

 

 

455,066

 

 

341,750

 

Royalties:

 

 

 

 

 

 

 

 

 

 

Total royalty revenue

 

 

844

 

 

831

 

 

985

 

Total revenues

 

$

380,724

 

$

455,897

 

$

342,735

 

 

Schedule of sales and accounts receivable customer concentration risk

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product shipments

 

Product sales-related accounts receivable

 

 

 

2017

 

2016

 

2015

 

2017

 

2016

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

McKesson Corporation

 

36%

 

36%

 

36%

 

41%

 

39%

 

38%

 

AmerisourceBergin Corporation

 

27%

 

27%

 

24%

 

27%

 

33%

 

25%

 

Cardinal Health

 

26%

 

25%

 

27%

 

23%

 

20%

 

25%

 

All others

 

11%

 

12%

 

13%

 

9%

 

8%

 

12%

 

Total

 

100%

 

100%

 

100%

 

100%

 

100%

 

100%