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ACCRUED EXPENSES
6 Months Ended
Jun. 30, 2018
Payables And Accruals [Abstract]  
ACCRUED EXPENSES

9. ACCRUED EXPENSES

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

 

 

 

As of

June 30,

2018

 

 

As of

December 31,

2017

 

 

 

(in thousands)

 

Accrued employee compensation costs

 

$

17,949

 

 

$

14,402

 

Product revenue related reserves

 

 

16,867

 

 

 

7,302

 

Accrued clinical and preclinical costs

 

 

11,068

 

 

 

15,975

 

Accrued contract manufacturing costs

 

 

8,421

 

 

 

14,019

 

Accrued professional fees

 

 

7,578

 

 

 

6,794

 

Accrued BioMarin royalties

 

 

3,695

 

 

 

2,846

 

Accrued collaboration cost sharing

 

 

2,699

 

 

 

 

Accrued interest expense

 

 

1,251

 

 

 

1,291

 

Accrued research costs

 

 

729

 

 

 

401

 

Accrued income taxes

 

 

523

 

 

 

943

 

Accrued property and equipment

 

 

289

 

 

 

2,525

 

Other

 

 

1,408

 

 

 

2,484

 

Total accrued expenses

 

$

72,477

 

 

$

68,982