XML 32 R30.htm IDEA: XBRL DOCUMENT v3.19.3
Concentration of credit risk (Tables)
9 Months Ended
Sep. 30, 2019
Concentration of credit risk  
Schedule of concentration of credit risk related to collaborative partners

In December 2009, we entered into a license, development and commercialization agreement with Lilly. In November 2009, we entered into a collaboration and license agreement with Novartis. In December 2018, we entered into a research collaboration and licensing agreement with Innovent Biologics, Inc. (“Innovent”). In July 2019, we entered into a collaboration and license agreement with Zai Lab (Shanghai) Co., Ltd., a subsidiary of Zai Lab Limited (collectively, “Zai Lab”). The concentration of credit risk related to our collaborative partners is as follows:

Percentage of Total

Percentage of Total

Milestone and Contract Revenues for the

Milestone and Contract Revenues for the

Three Months Ended

Nine Months Ended

September 30,

September 30,

    

2019

    

2018

    

2019

    

2018

    

 

Collaboration Partner A

    

%  

%  

    

%  

%  

Collaboration Partner B

 

%  

100

%  

%  

100

%  

Collaboration Partner C

%  

%  

77

%  

%  

Collaboration Partner D

 

100

%  

%  

 

23

%  

%  

Schedule of concentration of credit risk related to specialty pharmacy customers

In November 2011, we began commercialization and distribution of JAKAFI to a number of customers. Our product revenues are concentrated in a number of these customers. The concentration of credit risk related to our JAKAFI product revenues is as follows:

Percentage of Total Net

Percentage of Total Net

Product Revenues for the

Product Revenues for the

Three Months Ended

Nine Months Ended

September 30,

September 30,

    

2019

    

2018

    

2019

    

2018

    

 

Customer A

    

20

%  

19

%  

    

19

%  

20

%  

Customer B

 

14

%  

12

%  

 

14

%  

13

%  

Customer C

 

16

%  

16

%  

 

16

%  

15

%  

Customer D

 

11

%  

12

%  

 

12

%  

11

%