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Revenue Recognition and Collaborative Arrangements (Tables)
6 Months Ended
Jun. 30, 2018
Revenue Recognition and Collaborative Arrangements  
Schedule of revenue from collaborative arrangements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

(In thousands)

    

2018

    

2017

 

2018

    

2017

 

Royalties from a related party - RELVAR/BREO

 

$

57,515

 

$

54,645

 

$

103,675

 

$

93,334

 

Royalties from a related party - ANORO

 

 

10,656

 

 

7,152

 

 

19,380

 

 

12,190

 

Royalties from a related party - TRELEGY

 

 

2,371

 

 

 —

 

 

3,323

 

 

 —

 

Total royalties from a related party

 

 

70,542

 

 

61,797

 

 

126,378

 

 

105,524

 

Less: amortization of capitalized fees paid to a related party

 

 

(3,456)

 

 

(3,456)

 

 

(6,912)

 

 

(6,912)

 

Royalty revenue

 

 

67,086

 

 

58,341

 

 

119,466

 

 

98,612

 

Strategic alliance - MABA program license

 

 

 —

 

 

221

 

 

 —

 

 

442

 

Total net revenue from GSK

 

$

67,086

 

$

58,562

 

$

119,466

 

$

99,054