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Intangible Assets

12 Months Ended

Dec. 31, 2015

Intangible Assets

(3)    Intangible Assets

Intangible assets consist of the historical acquisition cost of certain technology rights for Vascepa. The carrying value as of December 31, 2015 is as follows (in thousands):

		Gross				Accumulated Amortization				Net				Weighted Average Remaining Useful Life (in years)
Technology rights		$	11,624			$	(2,207	)		$	9,417				14.6

Amortization expense for each of the years ended December 31, 2015 and 2014 was $0.6 million and is included in research and development expense. Estimated future amortization expense, based upon the Company’s intangible assets as of December 31, 2015 is as follows:

Year Ending December 31,		Amount
2016		$	646
2017			646
2018			646
2019			646
2020			646
Thereafter			6,187
Total		$	9,417

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275

+ Details

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