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ACCRUED EXPENSES (Tables)
12 Months Ended
Dec. 31, 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

December 31,

2017

 

 

As of

December 31,

2016

 

 

 

(in thousands)

 

Accrued clinical and preclinical costs

 

$

15,975

 

 

$

10,033

 

Accrued employee compensation costs

 

 

14,402

 

 

 

8,748

 

Accrued contract manufacturing costs

 

 

14,019

 

 

 

4,673

 

Product revenue related reserves

 

 

7,302

 

 

 

305

 

Accrued professional fees

 

 

6,794

 

 

 

2,799

 

Accrued BioMarin royalties

 

 

2,846

 

 

 

 

Accrued property and equipment

 

 

2,525

 

 

 

1,186

 

Accrued interest expenses

 

 

1,291

 

 

 

100

 

Accrued income taxes

 

 

943

 

 

 

 

Accrued research costs

 

 

401

 

 

 

1,186

 

Other

 

 

2,484

 

 

 

1,986

 

Total accrued expenses

 

$

68,982

 

 

$

31,016