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Collaboration Agreement (Tables)
12 Months Ended
Dec. 31, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Collaboration Revenue

Collaboration revenue was as follows:

 

 

 

Years Ended December 31,

 

 

 

2015

 

 

2014

 

 

 

 

2013

 

Collaboration revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related to U.S. XTANDI net sales

 

$

575,658

 

 

$

339,902

 

 

 

 

$

196,208

 

Related to ex-U.S. XTANDI net sales

 

 

119,778

 

 

 

49,476

 

 

 

 

 

6,338

 

Related to upfront and milestone payments

 

 

247,822

 

 

 

321,109

 

 

 

 

 

70,396

 

Total

 

$

943,258

 

 

$

710,487

 

 

 

 

$

272,942

 

 

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

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

 

 

 

Years Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

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

 

$

1,151,317

 

 

$

679,805

 

 

$

392,415

 

Shared U.S. development and commercialization costs

 

 

(375,008

)

 

 

(323,730

)

 

 

(241,106

)

Pre-tax U.S. profit

 

$

776,309

 

 

$

356,075

 

 

$

151,309

 

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

 

$

388,154

 

 

$

178,037

 

 

$

75,655

 

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

 

 

187,504

 

 

 

161,865

 

 

 

120,553

 

Collaboration revenue related to U.S. XTANDI net sales

 

$

575,658

 

 

$

339,902

 

 

$

196,208

 

 

Schedule of Collaboration Revenue Related to Upfront and Milestone Payments

Collaboration revenue related to upfront and milestone payments from Astellas was as follows:

 

 

 

Years Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Sales milestones earned

 

$

245,000

 

 

$

50,000

 

 

$

25,000

 

Development milestones earned

 

 

 

 

 

257,000

 

 

 

20,000

 

Amortization of deferred upfront and development

   milestones

 

 

2,822

 

 

 

14,109

 

 

 

25,396

 

Total

 

$

247,822

 

 

$

321,109

 

 

$

70,396