Revenue Recognition and Collaborative Arrangements

3 Months Ended

Mar. 31, 2021

Revenue Recognition and Collaborative Arrangements

Revenue Recognition and Collaborative Arrangements

3. Revenue Recognition and Collaborative Arrangements

Net Revenue from Collaborative Arrangements

Net revenue recognized under our GSK Agreements was as follows:

	Three Months Ended March 31,
(In thousands)	2021		2020
Royalties from a related party - RELVAR/BREO	$	56,390	$	56,149
Royalties from a related party - ANORO		10,500		9,850
Royalties from a related party - TRELEGY		22,084		16,135
Total royalties from a related party		88,974		82,134
Less: amortization of capitalized fees paid to a related party		(3,456)		(3,456)
Royalty revenue from GSK	$	85,518	$	78,678