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ACCRUED EXPENSES (Tables)
6 Months Ended
Jun. 30, 2017
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

June 30,

2017

 

 

As of

December 31,

2016

 

 

 

(in thousands)

 

Accrued clinical and preclinical costs

 

$

11,148

 

 

$

10,033

 

Accrued employee compensation costs

 

 

8,035

 

 

 

8,748

 

Accrued contract manufacturing costs

 

 

5,886

 

 

 

4,673

 

Accrued professional fees

 

 

5,012

 

 

 

2,799

 

Accrued EXONDYS 51 litigation and license charges

 

 

2,839

 

 

 

 

Product revenue related reserves

 

 

1,864

 

 

 

305

 

Accrued research costs

 

 

547

 

 

 

1,186

 

Other

 

 

3,848

 

 

 

3,272

 

Total accrued expenses

 

$

39,179

 

 

$

31,016