XML 23 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Product Sales
3 Months Ended
Mar. 31, 2014
Revenues [Abstract]  
Net Product Sales
Net Product Sales
EYLEA® net product sales in the United States totaled $359.0 million and $313.9 million for the three months ended March 31, 2014 and 2013, respectively. In addition, ARCALYST® net product sales totaled $3.4 million and $4.8 million for the three months ended March 31, 2014 and 2013, respectively.
For the three months ended March 31, 2014 and 2013, the Company recorded 79% and 77%, respectively, of its total gross product revenue from sales to Besse Medical, a subsidiary of AmerisourceBergen Corporation.
Revenue from product sales is recorded net of applicable provisions for rebates and chargebacks under governmental programs (including Medicaid), distribution-related fees, prompt pay discounts, and other sales-related deductions. The following table summarizes the provisions, and credits/payments, for these sales-related deductions during the three months ended March 31, 2014.
 
Rebates &
Chargebacks
 
Distribution-
Related
Fees
 
Other Sales-
Related
Deductions
 
Total
Balance as of December 31, 2013
$
4,400

 
$
19,663

 
$
538

 
$
24,601

Provision related to current period sales
6,886

 
16,858

 
448

 
24,192

Credits/payments
(6,664
)
 
(16,310
)
 
(454
)
 
(23,428
)
Balance as of March 31, 2014
$
4,622

 
$
20,211

 
$
532

 
$
25,365