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ACCRUED EXPENSES
3 Months Ended
Mar. 31, 2016
Payables And Accruals [Abstract]  
ACCRUED EXPENSES

6. ACCRUED EXPENSES

The following table summarizes the Company’s accrued expenses for each of the periods indicated: 

 

 

 

As of

March 31,

2016

 

 

As of

December 31,

2015

 

 

 

(in thousands)

 

Accrued clinical and preclinical costs

 

$

10,170

 

 

$

9,587

 

Accrued contract manufacturing costs

 

 

5,161

 

 

 

4,830

 

Accrued employee compensation costs

 

 

4,553

 

 

 

8,189

 

Accrued professional fees

 

 

2,957

 

 

 

4,258

 

Accrued research costs

 

 

663

 

 

 

629

 

Accrued facility-related costs

 

 

51

 

 

 

127

 

Other

 

 

722

 

 

 

1,433

 

Total accrued expenses

 

$

24,277

 

 

$

29,053