Inventory - Note 6

12 Months Ended

Dec. 31, 2014

Inventory Disclosure

Inventory

(6) Inventory

Inventories are stated at the lower of cost or market. Inventory is as follows at December 31, 2014 and 2013 (in thousands):

		December 31,
		2014		2013
Raw materials	$	34,020	$	29,330
Finished goods		2,795		705
Total inventory	$	36,815	$	30,035

Inventory acquired prior to receipt of marketing approval of a product candidate is expensed as research and development as incurred. The Company begins to capitalize the costs associated with the production of the inventory upon marketing approval of a product candidate.