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Acquisition of Txcell S.A. (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Summary of Estimated Fair Value of Net Assets Acquired
The following table summarizes the estimated fair value of the net assets acquired as of the Acquisition Date (in thousands):
 
October 1, 2018
Consideration transferred
$
45,911

Fair value of non-controlling interest
35,829

Fair value of TxCell
$
81,740

 
 
Cash
$
4,779

Current assets
2,427

Property and equipment
1,857

IPR&D
55,019

Other assets
155

Current liabilities
(9,761
)
Assumed debt liabilities
(4,933
)
Deferred tax liability, net
(6,798
)
Fair value of net identifiable assets acquired
42,745

Goodwill
38,995

Total fair value of net assets acquired
$
81,740


Summary of Non-controlling Interest
Non-controlling interest as of June 30, 2019 was as follows (in thousands):
Non-controlling interest at January 1, 2018
$

Non-controlling interest at Acquisition Date
35,829

Shares acquired post acquisition
(34,516
)
Non-controlling interest of acquired entity
1,313

Foreign currency effect
(19
)
Loss attributable to non-controlling interest
(555
)
Non-controlling interest at December 31, 2018
739

Loss attributable to non-controlling interest
(125
)
Non-controlling interest at June 30, 2019
$
614