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Revenue (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Net product revenue in United States, and Company's net revenue

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(in thousands)

    

2024

2023

2024

    

2023

Products

UDENYCA

$

66,089

$

32,967

$

159,673

$

90,875

CIMERLI

(1,215)

40,037

26,979

72,939

YUSIMRY

(152)

1,360

7,508

1,360

LOQTORZI

5,832

11,609

Total net product revenue

70,554

74,364

205,769

165,174

Other revenue

 

220

 

204

 

7,047

 

546

Total net revenue

$

70,774

$

74,568

$

212,816

$

165,720

Schedule of Gross Revenues by Significant Customer as a Percentage of Total Gross Revenues

Gross product revenues by significant customer as a percentage of total gross product revenues were as follows:

    

Three Months Ended

Nine Months Ended

 

September 30, 

September 30, 

2024

 

2023

2024

 

2023

 

McKesson Corporation

 

45

%

44

%

41

%

38

%

Cencora (previously known as AmeriSource-Bergen Corporation)

 

33

%

41

%

39

%

45

%

Cardinal Health, Inc.

 

21

%

13

%

18

%

15

%

Schedule of Activities and Ending Reserve Balances for Each Significant Category of Discounts and Allowances

Nine Months Ended September 30, 2024

    

Chargebacks

    

    

Other Fees,

    

and Discounts

Co-pay

for Prompt

Assistance

(in thousands)

Payment

Rebates

and Returns

Total

Balances at December 31, 2023

$

73,953

$

121,137

$

49,795

$

244,885

Provision related to sales made in:

Current period

727,028

150,820

117,299

995,147

Prior period - increase (decrease)

(969)

6,343

(1,010)

4,364

Payments and customer credits issued

 

(747,070)

(159,737)

(121,332)

(1,028,139)

Balances at September 30, 2024

$

52,942

$

118,563

$

44,752

$

216,257

Nine Months Ended September 30, 2023

    

Chargebacks

    

    

Other Fees,

    

and Discounts

Co-pay

for Prompt

Assistance

(in thousands)

Payment

Rebates

and Returns

Total

Balances at December 31, 2022

$

42,677

$

38,713

$

19,113

$

100,503

Provision related to sales made in:

Current period

 

387,238

83,009

69,362

539,609

Prior period - increase (decrease)

(1,375)

1,540

4,469

4,634

Payments and customer credits issued

 

(379,076)

 

(42,097)

 

(55,681)

 

(476,854)

Balances at September 30, 2023

$

49,464

$

81,165

$

37,263

$

167,892