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Inventories
12 Months Ended
Dec. 31, 2017
Inventory Disclosure [Abstract]  
Inventories

5.

Inventories

 

We began capitalizing inventory during the fourth quarter of 2017 in connection with the FDA’s approval of HEPLISAV-B on November 9, 2017, as the related costs were expected to be recoverable through the commercialization of the product. Prior to the FDA’s approval, costs to manufacture HEPLISAV-B were expensed as research and development expense as incurred, rather than capitalized as inventory as there was no alternative future use.  At December 31, 2017, inventory consisted of work in progress of $0.3 million. There was no write down related to excess or expiring inventory during 2017.