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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Products, net $ 455,865 $ 380,833 $ 301,034
Type of Revenue [Extensible List]   us-gaap:ProductMember us-gaap:ProductMember
Collaboration 84,234    
Total revenues 540,099 $ 380,833 $ 301,034
Cost and expenses:      
Cost of sales (excluding amortization of in-licensed rights) 63,382 56,586 34,193
Research and development 722,343 560,909 401,843
Selling, general and administrative 317,875 284,812 207,761
Acquired in-process research and development   173,240  
Settlement and license charges   10,000  
Amortization of in-licensed rights 662 849 865
Total cost and expenses 1,104,262 1,086,396 644,662
Operating loss (564,163) (705,563) (343,628)
Other income (loss):      
Gain from sale of Priority Review Voucher 108,069    
Loss on contingent consideration [1] (45,000)    
Other expense, net (51,971) (8,317) (18,982)
Total other income (loss) 11,098 (8,317) (18,982)
Loss before income tax expense (benefit) (553,065) (713,880) (362,610)
Income tax expense (benefit) 1,063 1,195 (692)
Net loss (554,128) (715,075) (361,918)
Other comprehensive loss:      
Unrealized (losses) gains on investments (47) 149 280
Total other comprehensive (loss) income (47) 149 280
Comprehensive loss $ (554,175) $ (714,926) $ (361,638)
Net loss per share — basic and diluted $ (7.11) $ (9.71) $ (5.46)
Weighted average number of shares of common stock used in computing basic and diluted net loss per share 77,956,000 73,615,000 66,250,000
[1] The loss on contingent consideration is related to the fair value adjustment of the regulatory-related contingent payments that are accounted for as derivatives. Please see Note 5. Fair Value Measurements for further details.