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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of business price consideration
The purchase price consisted of the following:
 
(in thousands)
Upfront payment (adjusted for customary working capital adjustments)
$
266,315

Fair value of contingent development and regulatory payments
172,041

Total purchase price
$
438,356


Schedule of purchase price assumed assets and liabilities
The Company allocated the purchase price to the following assets acquired and liabilities assumed:
 
October 10, 2019
 
(in thousands)
Cash and cash equivalents
$
29,331

Property and equipment, net
17,111

Goodwill
554,633

Intangible assets
387,000

Deferred tax liability
(54,160
)
Net other assets
2,849

Total purchase price
$
936,764


The Company allocated the purchase price to the following assets acquired and liabilities assumed:
 
July 16, 2019
 
(in thousands)
Cash and cash equivalents
$
19,535

Goodwill
397,141

Intangible asset
13,000

Net other assets
8,680

Total purchase price
$
438,356