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Revenue
3 Months Ended
Mar. 31, 2019
Revenue  
Revenue

6.           Revenue

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended 

 

 

 

March 31, 

 

(in thousands)

    

2018

    

2019

 

Collaboration revenue

 

$

6,500

 

$

1,000

 

Research premium

 

 

770

 

 

393

 

Government grants

 

 

281

 

 

311

 

Total

 

$

7,551

 

$

1,703

 

 

The collaboration revenue for the three months ended March 31, 2018 reflects the amounts recorded from the Sinovant License Agreement (see Note 11) and includes the $5.0 million non-refundable upfront payment received as consideration for entering into the license agreement with Sinovant as well as $1.5 million of variable consideration related a future milestone payment that the Company received in the first quarter of 2019. The $1.0 million of collaboration revenue for the three months ended March 31, 2019 reflects the upfront payment under the Sunovion License Agreement received in April 2019 (see Note 12).