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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of net revenue from collaborative arrangements

Net revenue recognized under our GSK Agreements was as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Royalties
   - RELVAR/BREO

 

$

55,663

 

 

$

54,092

 

 

$

170,753

 

 

$

176,398

 

Royalties
   - ANORO

 

 

9,943

 

 

 

11,641

 

 

 

28,015

 

 

 

34,101

 

Royalties
   - TRELEGY

 

 

 

 

 

35,585

 

 

 

72,029

 

 

 

84,055

 

Total royalties from a related party

 

 

65,606

 

 

 

101,318

 

 

 

270,797

 

 

 

294,554

 

Less: amortization of capitalized fees
   paid to a related party

 

 

(3,456

)

 

 

(3,456

)

 

 

(10,368

)

 

 

(10,368

)

Royalty revenue from GSK

 

$

62,150

 

 

$

97,862

 

 

$

260,429

 

 

$

284,186

 

 

Transactions with GSK were considered related party transactions up until May 2021, when we completed the share repurchase agreement with GSK to buy back all of its shares of common stock in Innoviva. GSK is no longer considered a related party after the completion of the share repurchase.