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ACCRUED EXPENSES
12 Months Ended
Dec. 31, 2019
Payables And Accruals [Abstract]  
ACCRUED EXPENSES

12. ACCRUED EXPENSES

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

 

 

 

As of December 31,

 

 

 

2019

 

 

2018

 

 

 

(in thousands)

 

Product revenue related reserves

 

$

45,249

 

 

$

26,146

 

Accrued employee compensation costs

 

 

43,240

 

 

 

24,692

 

Accrued contract manufacturing costs

 

 

27,622

 

 

 

15,794

 

Accrued milestone expense

 

 

18,390

 

 

 

24,020

 

Accrued clinical and pre-clinical costs

 

 

18,010

 

 

 

11,396

 

Accrued professional fees

 

 

10,707

 

 

 

11,319

 

Accrued collaboration cost-sharing

 

 

9,000

 

 

 

2,167

 

Accrued royalties

 

 

6,301

 

 

 

8,254

 

Other

 

 

7,008

 

 

 

10,307

 

Total accrued expenses

 

$

185,527

 

 

$

134,095