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REVENUE RECOGNITION AND COLLABORATIVE ARRANGEMENTS (Tables)
12 Months Ended
Dec. 31, 2021
REVENUE RECOGNITION AND COLLABORATIVE ARRANGEMENTS  
Schedule of net revenue from collaborative arrangements

Net revenue recognized under our GSK Agreements was as follows:

 

 

 

Year Ended December 31,

 

(In thousands)

 

2021

 

 

2020

 

 

2019

 

Royalties from a related party
   - RELVAR/BREO

 

$

234,066

 

 

$

221,536

 

 

$

189,424

 

Royalties from a related party
   - ANORO

 

 

44,935

 

 

 

45,992

 

 

 

42,625

 

Royalties from a related party
   - TRELEGY

 

 

126,688

 

 

 

73,089

 

 

 

42,790

 

Total royalties from a related party

 

 

405,689

 

 

 

340,617

 

 

 

274,839

 

Less: amortization of capitalized
   fees paid to a related party

 

 

(13,823

)

 

 

(13,823

)

 

 

(13,823

)

Royalty revenue

 

 

391,866

 

 

 

326,794

 

 

 

261,016

 

Strategic alliance - MABA program

 

 

 

 

 

10,000

 

 

 

 

Total net revenue from GSK

 

$

391,866

 

 

$

336,794

 

 

$

261,016