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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Summary of Aggregate Non-Cancelable Contractual Obligations Arising from Manufacturing Obligations

The following table summarizes the aggregate non-cancelable contractual obligations arising from the Company’s manufacturing obligations:

 

 

 

As of

March 31, 2021

(in thousands)

 

2021 (April - December)

 

$

523,673

 

2022

 

 

261,697

 

2023

 

 

224,980

 

2024

 

 

120,585

 

2025

 

 

114,531

 

Thereafter

 

 

207,325

 

Total manufacturing commitments*

 

$

1,452,791

 

 

*

Total manufacturing commitments include both the Catalent and Thermo manufacturing and supply agreements. Related to the embedded leases at Catalent and Thermo , the Company has an ROU asset and a lease liability recorded on the unaudited condensed consolidated balance sheets as of March 31, 2021. For more information, please read Note 19, Leases of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.