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ACCRUED EXPENSES (Tables)
12 Months Ended
Dec. 31, 2016
Payables And Accruals [Abstract]  
Summary of Accrued Expenses

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

 

 

 

As of

December 31,

2016

 

 

As of

December 31,

2015

 

 

 

(in thousands)

 

Accrued clinical and preclinical costs

 

$

10,033

 

 

$

9,587

 

Accrued employee compensation costs

 

 

8,748

 

 

 

8,189

 

Accrued contract manufacturing costs

 

 

4,673

 

 

 

4,830

 

Accrued professional fees

 

 

2,799

 

 

 

4,258

 

Accrued research costs

 

 

1,186

 

 

 

629

 

Other

 

 

3,577

 

 

 

1,560

 

Total accrued expenses

 

$

31,016

 

 

$

29,053