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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Products, net $ 612,401 $ 455,865 $ 380,833
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Collaboration and other $ 89,486 $ 84,234 $ 0
Total revenues 701,887 540,099 380,833
Cost and expenses:      
Cost of sales (excluding amortization of in-licensed rights) 97,049 63,382 56,586
Research and development 771,182 722,343 560,909
Selling, general and administrative 282,660 317,875 284,812
Settlement and license charges 10,000 0 10,000
Amortization of in-licensed rights 706 662 849
Acquired in-process research and development 0 0 173,240
Total cost and expenses 1,161,597 1,104,262 1,086,396
Operating loss (459,710) (564,163) (705,563)
Other income (loss):      
Gain from sale of Priority Review Voucher 102,000 108,069
Gain (loss) on contingent consideration, net 7,200 [1] (45,000) [1]
Other expense, net (68,438) (51,971) (8,317)
Total other income (loss) 40,762 11,098 (8,317)
Loss before income tax (benefit) expense (418,948) (553,065) (713,880)
Income tax (benefit) expense (168) 1,063 1,195
Net loss (418,780) (554,128) (715,075)
Other comprehensive loss:      
Unrealized (losses) gains on investments, net of tax (23) (47) 149
Total other comprehensive (loss) income (23) (47) 149
Comprehensive loss $ (418,803) $ (554,175) $ (714,926)
Net loss per share — basic and diluted $ (5.15) $ (7.11) $ (9.71)
Weighted average number of shares of common stock used in computing basic and diluted net loss per share 81,262 77,956 73,615
[1] The gain (loss) on contingent consideration, net is related to the fair value adjustment of the regulatory-related contingent payments that are accounted for as derivatives. Please see Note 5. Fair Value Measurements for further details.