License and collaboration agreements (Tables)

3 Months Ended

Jun. 30, 2013

License and collaboration agreements [Abstract]

Schedule of activity related to Collaborative Arrangement

The following illustrates activity related to the Ironwood collaboration agreement for the periods presented:

	Three Months Ended
	June 30,
	2013		2012
(In thousands)
Revenue
Net Sales attributed to the Ironwood
collaboration agreement	$	28,763	$	-
Cost of sales
Cost of sales attributed to the Ironwood
collaboration agreement		2,912		-
Selling, general and administrative
Payment to/ (receipt from) Ironwood for the
Commercialization pool		(12,355)		(3,101)
Research and development
Payment to/ (receipt from) Ironwood for the.
Development pool		24		(868)

Schedule of consolidated balance sheet information, Agreement

The balances recorded in the Company's condensed consolidated Balance Sheet in connection with the agreements with moksha8 are included in the 'Other assets' caption and are as follows:

(In thousands)

	June 30, 2013		March 31, 2013
Value of call/put option	$	10,700	$	10,700
Loan receivable		84,300		72,000