XML 75 R48.htm IDEA: XBRL DOCUMENT v3.20.1
Significant agreements - AstraZeneca Collaboration Agreement (Details)
1 Months Ended 3 Months Ended
May 31, 2019
employee
May 31, 2018
USD ($)
Aug. 31, 2017
Nov. 30, 2016
USD ($)
employee
item
Mar. 31, 2020
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2019
USD ($)
Jul. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Oct. 31, 2017
USD ($)
Significant agreements.                    
Collaboration revenues         $ 1,129,000 $ 6,384,000        
Deferred revenue         34,253,000   $ 5,657,000   $ 14,635,000  
AstraZeneca                    
Significant agreements.                    
Biological Targets | item       6            
Term (in years)     3 years              
Term, Bicycle Research Team (in years)       1 year            
Term, AZ Research (in years)       2 years            
Number of FTE | employee       2            
Collaboration revenues         412,000 425,000        
Deferred revenue         4,658,000   4,913,000   $ 4,727,000  
AstraZeneca | Development milestone                    
Significant agreements.                    
Transaction price   $ 700,000                
AstraZeneca | Target One                    
Significant agreements.                    
Transaction price                   $ 2,000,000
AstraZeneca | Target Two                    
Significant agreements.                    
Transaction price       $ 600,000            
AstraZeneca | Target Three Research License and Related Services                    
Significant agreements.                    
Collaboration revenues         400,000 300,000        
AstraZeneca | Commercialization license per candidate                    
Significant agreements.                    
Customer option payment       8,000,000            
AstraZeneca | Development Milestone | Development milestone                    
Significant agreements.                    
Customer option payment       29,000,000            
AstraZeneca | Regulatory Milestone | Regulatory milestone                    
Significant agreements.                    
Customer option payment       23,000,000            
AstraZeneca | Commercial milestone | Commercial milestone                    
Significant agreements.                    
Customer option payment       $ 110,000,000            
AstraZeneca | Minimum                    
Significant agreements.                    
Term extension (in years)       12 months            
AstraZeneca | Maximum                    
Significant agreements.                    
Term extension (in years)       15 months            
AstraZeneca | 2016 Collaboration Agreement                    
Significant agreements.                    
Biological Targets | item       2            
Option fee for development and exploitation rights       $ 8,000,000            
Transaction price       $ 1,200,000            
Deferred revenue         0   $ 0      
AstraZeneca | 2016 Collaboration Agreement | Target One and Target Two Research License and Related Services                    
Significant agreements.                    
Collaboration revenues         0 100,000        
AstraZeneca | May 2018 Option Exercise                    
Significant agreements.                    
Biological Targets | item       4            
Option fee for development and exploitation rights   5,000,000   $ 5,000,000            
Number of FTE | employee 2                  
Customer option payment   $ 8,000,000                
Transaction price         5,650,000     $ 6,300,000    
Deferred revenue         4,700,000 $ 4,900,000        
AstraZeneca | May 2018 Option Exercise | Target Three Research License and Related Services                    
Significant agreements.                    
Transaction price         650,000          
AstraZeneca | May 2018 Option Exercise | Target 3 Material Right                    
Significant agreements.                    
Transaction price         1,504,000          
AstraZeneca | May 2018 Option Exercise | Target 4 Material Right                    
Significant agreements.                    
Transaction price         1,204,000          
AstraZeneca | May 2018 Option Exercise | Target 5 Material Right                    
Significant agreements.                    
Transaction price         1,165,000          
AstraZeneca | May 2018 Option Exercise | Target 6 Material Right                    
Significant agreements.                    
Transaction price         $ 1,127,000