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Collaboration Agreement (Tables)
6 Months Ended
Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Collaboration Revenue

(b) Collaboration Revenue

Collaboration revenue was as follows:

 

     Three Months Ended      Six Months Ended  
     June 30,      June 30,  
     2016      2015      2016      2015  

Collaboration revenue:

           

Related to U.S. XTANDI net sales

   $ 165,129       $ 149,220       $ 318,922       $ 261,230   

Related to ex-U.S. XTANDI net sales

     41,036         25,591         69,740         41,358   

Related to upfront and milestone payments

     —           846         —           2,257   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 206,165       $ 175,657       $ 388,662       $ 304,845   
  

 

 

    

 

 

    

 

 

    

 

 

 
Schedule of Collaboration Revenue Related to U.S. XTANDI Net Sales

Collaboration revenue related to U.S. XTANDI net sales was as follows:

 

     Three Months Ended      Six Months Ended  
     June 30,      June 30,  
     2016      2015      2016      2015  

U.S. XTANDI net sales (as reported by Astellas)

   $ 330,257       $ 298,440       $ 637,843       $ 522,460   

Shared U.S. development and commercialization costs

     (95,055      (84,947      (225,639      (195,260
  

 

 

    

 

 

    

 

 

    

 

 

 

Pre-tax U.S. profit

   $ 235,202       $ 213,493       $ 412,204       $ 327,200   
  

 

 

    

 

 

    

 

 

    

 

 

 

Medivation’s share of pre-tax U.S. profit

   $ 117,601       $ 106,747       $ 206,102       $ 163,600   

Reimbursement of Medivation’s share of shared U.S. costs

     47,528         42,473         112,820         97,630   
  

 

 

    

 

 

    

 

 

    

 

 

 

Collaboration revenue related to U.S. XTANDI net sales

   $ 165,129       $ 149,220       $ 318,922       $ 261,230