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Collaborations, Licensing and Other Arrangements (Tables)
9 Months Ended
Sep. 30, 2025
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]  
Schedule of Total Revenue from Collaboration and Services

Revenue from collaborations and services were as follows (in thousands):

 

 

Three Months
Ended September 30,

 

 

Nine Months
Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

UT CSA(1)

 

$

25,969

 

 

$

23,231

 

 

$

77,011

 

 

$

73,673

 

Amphastar co-promotion agreement

 

 

500

 

 

 

 

 

 

1,500

 

 

 

 

Cipla License and Distribution Agreement

 

 

37

 

 

 

37

 

 

 

110

 

 

 

110

 

Other

 

 

 

 

 

 

 

 

106

 

 

 

 

UT License Agreement

 

 

 

 

 

 

 

 

 

 

 

347

 

Total revenue from collaborations and services

 

$

26,506

 

 

$

23,268

 

 

$

78,727

 

 

$

74,130

 

_________________________

(1)
Amounts consist of revenue recognized for Manufacturing Services to UT for the periods presented.
United Therapeutics Corporation  
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]  
Schedule of Total Revenue from Collaboration and Services

Total revenue from UT was as follows (in thousands):

 

 

Three Months
Ended September 30,

 

 

Nine Months
Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Revenue from UT

 

 

 

 

 

 

 

 

 

 

 

 

Royalties(1)

 

$

33,319

 

 

$

27,083

 

 

$

94,552

 

 

$

75,326

 

UT CSA

 

 

25,969

 

 

 

23,231

 

 

 

77,011

 

 

 

73,673

 

UT License Agreement

 

 

 

 

 

 

 

 

 

 

 

347

 

Total revenue from UT

 

$

59,288

 

 

$

50,314

 

 

$

171,563

 

 

$

149,346

 

_________________________

(1)
Amounts consist of royalties associated with the UT License Agreement. The contract assets related to the royalties are included in prepaid expense and other current assets in the condensed consolidated balance sheets.
UT CSA  
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]  
Schedule of Total Revenue from Collaboration and Services The portion of revenue related to each deliverable included in UT CSA revenue (in thousands) is as follows:

 

 

Three Months
Ended September 30,

 

 

Nine Months
Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

UT CSA Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Sale of product(1)

 

$

22,897

 

 

 

19,456

 

 

 

66,715

 

 

 

62,400

 

Recognition of previously deferred revenue

 

 

3,072

 

 

 

3,477

 

 

 

9,138

 

 

 

9,565

 

Other agreements

 

 

 

 

 

298

 

 

 

1,158

 

 

 

1,708

 

Total UT CSA revenue

 

$

25,969

 

 

$

23,231

 

 

$

77,011

 

 

$

73,673

 

_________________________

Sale of product included revenue related to fully reimbursable costs associated with product sales and other miscellaneous charges of $1.5 million and $5.8 million for the three and nine months ended September 30, 2024, and none in 2025