XML 58 R47.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 31, 2010
cvr
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Sep. 18, 2023
position
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag   Derivative assets(2) Derivative assets(2)  
Number of CVR Series | cvr 4      
Primrose Bio        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Interest in potential development milestone (as a percent)       50.00%
Primordial Genetics        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Number of contracts | position       2
Transferred over Time | Phase 3 clinical trial        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Gross contract asset   $ 10,000    
Maximum | Transferred over Time | Development, regulatory, & commercial milestones and tiered royalties        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investments   375,000    
Metabasis        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Number of CVRs issued per acquiree share | cvr 4      
Number of CVRs issued from each CVR series | cvr 1      
Frequency of cash payments to CVR holders 6 months      
(Decrease) increase of mark-to-market adjustment of CVR liability   (100)    
Recurring        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investment in Viking common stock   82,000 $ 32,185  
Derivative asset   3,727 3,531  
Total assets   264,227 150,886  
Total liabilities   3,015 3,198  
Recurring | Short-term investments, excluding Viking        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investments, fair value   178,500 115,170  
Recurring | Contingent liabilities | CyDex        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Contingent liabilities   218 320  
Recurring | Contingent liabilities | Metabasis        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Contingent liabilities   2,797 2,878  
Recurring | Level 1        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investment in Viking common stock   82,000 32,185  
Derivative asset   0 0  
Total assets   97,663 39,476  
Total liabilities   0 0  
Recurring | Level 1 | Short-term investments, excluding Viking        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investments, fair value   15,663 7,291  
Recurring | Level 1 | Contingent liabilities | CyDex        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Contingent liabilities   0 0  
Recurring | Level 1 | Contingent liabilities | Metabasis        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Contingent liabilities   0 0  
Recurring | Level 2        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investment in Viking common stock   0 0  
Derivative asset   0 0  
Total assets   162,837 107,879  
Total liabilities   2,797 2,878  
Recurring | Level 2 | Short-term investments, excluding Viking        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investments, fair value   162,837 107,879  
Recurring | Level 2 | Contingent liabilities | CyDex        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Contingent liabilities   0 0  
Recurring | Level 2 | Contingent liabilities | Metabasis        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Contingent liabilities   2,797 2,878  
Recurring | Level 3        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investment in Viking common stock   0 0  
Derivative asset   3,727 3,531  
Total assets   3,727 3,531  
Total liabilities   218 320  
Recurring | Level 3 | Short-term investments, excluding Viking        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Investments, fair value   0 0  
Recurring | Level 3 | Contingent liabilities | CyDex        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Contingent liabilities   218 320  
Recurring | Level 3 | Contingent liabilities | Metabasis        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Contingent liabilities   $ 0 $ 0