Capitalized Fees Paid to a Related Party (Tables)

6 Months Ended

Jun. 30, 2016

Capitalized Fees Paid to a Related Party

Schedule of capitalized fees paid to a related party

June 30, 2016

December 31, 2015

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

13.6

$

220,000

$

(32,544

)

$

187,456

$

220,000

$

(25,632

)

$

194,368