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Accounts payable and accrued expenses (Tables)

3 Months Ended

Mar. 31, 2016

Accounts payable and accrued expenses

Schedule of components of accounts payable and accrued expenses

		March 31, 2016			December 31, 2015
Employee compensation, benefits, and related accruals		$	3,416		$	11,187
Consulting and contracted research		14,033			13,753
Professional fees		3,169			2,523
Accounts payable		16,023			11,940
Accrued severance		1,909			—
Other		4,943			5,844
		$	43,493		$	45,247

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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