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DESCRIPTION OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Description of Operations (Details) - Long-Acting Beta2 Agonist (LABA) Collaboration - GSK $ in Billions | 12 Months Ended
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Dec. 31, 2020 USD ($)
DESCRIPTION OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Percentage of economic interest in any future payments made under the agreements | 15.00%
RELVAR/BREO |
DESCRIPTION OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Royalty rate for first level of annual global net sales (as a percent) | 15.00%
Annual global sales level used to determine royalty rate | $ 3.0
Royalty rate for sales above first level of annual global net sales (as a percent) | 5.00%
ANORO | Minimum |
DESCRIPTION OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Royalty rate for combination products (as a percent) | 6.50%
ANORO | Maximum |
DESCRIPTION OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Royalty rate for combination products (as a percent) | 10.00%
TRELEGY | Minimum |
DESCRIPTION OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Royalty rate for combination products (as a percent) | 6.50%
TRELEGY | Maximum |
DESCRIPTION OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Royalty rate for combination products (as a percent) | 10.00%

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- Definition Represents the royalty rate which the entity will receive under the collaboration agreement on sales which exceed the first defined level of annual global net sales. + References No definition available. + Details
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