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SIGNIFICANT AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2018
Revenue from Collaborators

The following table summarizes our total consolidated net revenues from collaborators, for the periods indicated, in thousands:

 

 

 

Year Ended

December 31,

 

Description

 

2018

 

 

2017

 

 

2016

 

Sanofi Genzyme

 

$

46,000

 

 

$

54,625

 

 

$

32,015

 

Vir Biotechnology

 

 

12,778

 

 

 

1,464

 

 

 

 

MDCO

 

 

2,789

 

 

 

30,217

 

 

 

11,220

 

Other

 

 

806

 

 

 

3,606

 

 

 

3,924

 

Total net revenues from collaborators

 

$

62,373

 

 

$

89,912

 

 

$

47,159

 

Balance and Change in Contract Liabilities Related to Collaboration Agreements

The following table presents the balance of our contract liabilities related to our collaboration agreements at December 31, 2018 and January 1, 2018, in thousands:

 

 

 

At December 31,

2018

 

 

At January 1,

2018

 

Contract liabilities:

 

 

 

 

 

 

 

 

Deferred revenues

 

$

3,954

 

 

$

16,570

 

During the year ended December 31, 2018, we recognized the following revenues as a result of the change in the contract liability balances related to our collaboration agreements, in thousands:

 

Revenue recognized in the period from:

 

Year Ended

December 31, 2018

 

Amounts included in contract liability at the beginning of the period

 

$

16,570

 

Schedule of Research and Development Expenses Incurred by Type that are Directly Attributable to Collaboration Agreements

The following table provides the research and development expenses incurred by type that are directly attributable to our collaboration agreements by collaboration partner for the periods indicated, in thousands:

 

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

 

 

Sanofi Genzyme

 

 

Vir

 

 

MDCO

 

 

Ionis

 

 

Sanofi Genzyme

 

 

Vir

 

 

MDCO

 

 

Ionis

 

 

Sanofi Genzyme

 

 

Vir

 

 

MDCO

 

 

Ionis

 

Research and development

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Clinical trial and

   manufacturing

 

$

36,600

 

 

$

7,272

 

 

$

1,664

 

 

$

 

 

$

174,901

 

 

$

1,134

 

 

$

5,421

 

 

$

 

 

$

150,179

 

 

$

 

 

$

1,211

 

 

$

 

External services

 

 

5,340

 

 

 

8,251

 

 

 

2

 

 

 

2,150

 

 

 

4,475

 

 

 

926

 

 

 

 

 

 

3,250

 

 

 

7,366

 

 

 

 

 

 

 

 

 

 

Other

 

 

1,279

 

 

 

548

 

 

 

203

 

 

 

1,097

 

 

 

5,327

 

 

 

 

 

 

106

 

 

 

 

 

 

3,035

 

 

 

 

 

 

64

 

 

 

525

 

Total research and

   development

   expenses

 

$

43,219

 

 

$

16,071

 

 

$

1,869

 

 

$

3,247

 

 

$

184,703

 

 

$

2,060

 

 

$

5,527

 

 

$

3,250

 

 

$

160,580

 

 

$

 

 

$

1,275

 

 

$

525

 

Prior Revenue Standard | ASU 2014-09 Revenue from Contracts with Customers  
Revenue from Collaborators

The following table summarizes our total consolidated net revenues from collaborators, using the prior revenue standard, for the periods indicated, in thousands:

 

 

 

Year Ended

December 31,

 

Description

 

2018

 

 

2017

 

 

2016

 

Sanofi Genzyme

 

$

91,738

 

 

$

54,625

 

 

$

32,015

 

Vir Biotechnology

 

 

12,778

 

 

 

1,464

 

 

 

 

MDCO

 

 

7,184

 

 

 

30,217

 

 

 

11,220

 

Other

 

 

806

 

 

 

3,606

 

 

 

3,924

 

Total net revenues from collaborators

 

$

112,506

 

 

$

89,912

 

 

$

47,159