XML 39 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
Collaborative Arrangements (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2014
Information related to collaborative arrangements          
Less: amortization of capitalized fees paid to a related party $ (3,456) $ (3,455) $ (10,368) $ (10,367)  
Royalty revenue 33,088 13,341 89,294 30,449  
Revenue from collaborative arrangements 221 221 663 664  
Total net revenue 33,309 13,562 89,957 $ 31,113  
Common Stock | Theravance Biopharma          
Information related to collaborative arrangements          
Number of ordinary shares sold       436,802  
GSK          
Information related to collaborative arrangements          
Total net revenue 33,309 13,562 89,957 $ 31,113  
Long-acting beta agonist (LABA) collaboration | GSK          
Information related to collaborative arrangements          
Royalties from a related party 36,544 16,796 99,662 40,816  
Less: amortization of capitalized fees paid to a related party (3,456) (3,455) (10,368) (10,367)  
Royalty revenue 33,088 13,341 89,294 30,449  
Milestone fees paid         $ 220,000
Obligation for milestone payments 0   0    
Long-acting beta agonist (LABA) collaboration | GSK | RELVAR/BREO          
Information related to collaborative arrangements          
Royalties from a related party 31,917 14,674 $ 87,686 36,004  
Royalty rate for first level of annual global net sales (as a percent)     15.00%    
Annual global sales level used to determine royalty rate     $ 3,000,000    
Royalty rate for sales above first level of annual global net sales (as a percent)     5.00%    
Long-acting beta agonist (LABA) collaboration | GSK | ANORO          
Information related to collaborative arrangements          
Royalties from a related party 4,627 2,122 $ 11,976 4,812  
Long-acting beta agonist (LABA) collaboration | GSK | ANORO | Minimum          
Information related to collaborative arrangements          
Royalty rate for combination products (as a percent)     6.50%    
Long-acting beta agonist (LABA) collaboration | GSK | ANORO | Maximum          
Information related to collaborative arrangements          
Royalty rate for combination products (as a percent)     10.00%    
Strategic alliance - MABA program | GSK          
Information related to collaborative arrangements          
Revenue from collaborative arrangements 221 $ 221 $ 663 $ 664  
Potential future contingent payments receivable $ 363,000   $ 363,000    
Percentage of milestone payment     15.00%