Capitalized Fees paid to a Related Party (Tables)

3 Months Ended

Mar. 31, 2015

Capitalized Fees paid to a Related Party

Schedule of capitalized fees paid to a related party

March 31, 2015

December 31, 2014

Weighted

Average

Remaining

Amortization

Gross

Net

Gross

Net

Period

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

(In thousands)

(Years)

Value

Amortization

Value

Value

Amortization

Value

Approval and launch related milestone payments under the LABA Collaboration

14.8

$

220,000

(15,265

)

$

204,735

$

220,000

(11,809

)

$

208,191