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Segment Reporting and Disaggregation of Relevant Expense Captions (Tables)
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents information about reported segment revenues, segment profit, and significant segment expenses.
Three Months Ended
June 30,		Six Months Ended
June 30,
(in millions)2025202420252024
Revenues:
INGREZZA net product sales$624.4 $579.5 $1,169.6 $1,085.5 
CRENESSITY net product sales53.2 — 67.7 — 
Other revenues (1)
9.9 10.7 22.8 20.0 
Total revenues687.5 590.2 1,260.1 1,105.5 
Less:
Cost of revenues11.3 9.2 20.5 16.7 
Research and development:
External research and development 120.6 89.9 228.5 167.5 
Payroll and benefits72.2 54.9 147.2 112.5 
Milestones15.1 26.5 60.5 32.6 
Other research and development (2)
36.4 19.8 71.3 37.9 
Total research and development244.3 191.1 507.5 350.5 
Acquired in-process research and development— 2.5 0.1 8.5 
Selling, general, and administrative286.3 242.0 562.8 485.1 
Unrealized loss on equity investments
6.7 19.9 37.3 18.3 
Charges associated with convertible senior notes— 49.7 — 138.4 
Interest income and other, net
(20.6)(22.8)(42.3)(45.1)
Provision for income taxes
52.0 33.6 58.8 24.7 
Net income
$107.5 $65.0 $115.4 $108.4 
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(1) Other revenues primarily consist of net product sales for ALKINDI and EFMODY and royalties earned on AbbVie net sales of elagolix and MTPC net sales of valbenazine.
(2) Other research and development consists of indirect costs incurred for the benefit of multiple research and development programs, including facility-based expenses (such as rent expense) and other overhead allocations.