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ACCRUED EXPENSES
6 Months Ended
Jun. 30, 2020
Payables And Accruals [Abstract]  
ACCRUED EXPENSES

10. ACCRUED EXPENSES

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

 

 

 

As of

June 30,

2020

 

 

As of

December 31,

2019

 

 

 

(in thousands)

 

Product revenue related reserves

 

$

43,469

 

 

$

45,249

 

Accrued employee compensation costs

 

 

28,643

 

 

 

43,240

 

Accrued contract manufacturing costs

 

 

22,307

 

 

 

27,622

 

Accrued clinical and pre-clinical costs

 

 

19,281

 

 

 

18,010

 

Accrued milestone expense

 

 

9,643

 

 

 

18,390

 

Accrued professional fees

 

 

9,585

 

 

 

10,707

 

Accrued property and equipment

 

 

8,792

 

 

 

1,181

 

Accrued royalties

 

 

7,053

 

 

 

6,301

 

Accrued collaboration cost sharing

 

 

3,918

 

 

 

9,000

 

Accrued interest expense

 

 

1,045

 

 

 

1,045

 

Other

 

 

5,352

 

 

 

4,782

 

Total accrued expenses

 

$

159,088

 

 

$

185,527