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Collaboration Agreements (Tables)
3 Months Ended
Mar. 31, 2018
Japan [Member]  
Summary of Revenue Recognized under Agreement

Amounts recognized as revenue under the Japan Agreement were as follows (in thousands): 

 

 

 

 

 

Three Months Ended March 31,

 

Agreement

 

Performance Obligation

 

2018

 

 

2017 *

 

Japan

 

License revenue

 

$

 

 

$

 

 

 

Development revenue

 

$

449

 

 

$

296

 

 

*

Recast to reflect the adoption of the new revenue standards. See Note 1.

Transaction Price Related to Consideration Received and Accounts Receivable Allocated to Performance Obligations along with Associated Deferred Revenue

The transaction price related to consideration received and accounts receivable has been allocated to each of the following performance obligations under the Japan Agreement, along with any associated deferred revenue as follows (in thousands):

 

 

 

Cumulative

Revenue

Through

March 31, 2018

 

 

Deferred

Revenue at

March 31, 2018

 

 

Total

Consideration

Through

March 31, 2018

 

License

 

$

59,766

 

 

$

 

 

$

59,766

 

Manufacturing--clinical supplies

 

 

11,957

 

 

 

436

 

 

 

12,393

 

Total license and development revenue

 

$

71,723

 

 

$

436

 

 

$

72,159

 

 

Europe [Member]  
Summary of Revenue Recognized under Agreement

Amounts recognized as revenue under the Europe Agreement were as follows (in thousands):

 

 

 

 

 

Three Months Ended March 31,

 

Agreement

 

Performance Obligation

 

2018

 

 

2017 *

 

Europe

 

License revenue

 

$

 

 

$

 

 

 

Development revenue

 

$

4,723

 

 

$

4,390

 

 

*

Recast to reflect the adoption of the new revenue standards. See Note 1.

Transaction Price Related to Consideration Received and Accounts Receivable Allocated to Performance Obligations along with Associated Deferred Revenue

The transaction price related to consideration received and accounts receivable has been allocated to each of the following performance obligations under the Europe Agreement, along with any associated deferred revenue as follows (in thousands):

 

 

 

Cumulative

Revenue

Through

March 31, 2018

 

 

Deferred

Revenue at

March 31, 2018

 

 

Total

Consideration

Through

March 31, 2018

 

License

 

$

370,481

 

 

$

 

 

$

370,481

 

Manufacturing--clinical supplies

 

 

189,056

 

 

 

6,101

 

 

 

195,157

 

Total license and development revenue

 

$

559,537

 

 

$

6,101

 

 

$

565,638

 

 

U.S./RoW and China [Member]  
Summary of Revenue Recognized under Agreement

Amounts recognized as revenue under the U.S./RoW Agreement were as follows (in thousands):

 

 

 

 

 

Three Months Ended March 31,

 

Agreement

 

Performance Obligation

 

2018

 

 

2017 *

 

U.S. / RoW

and China

 

License revenue

 

$

 

 

$

 

 

 

Development revenue

 

 

26,723

 

 

 

24,756

 

 

 

China performance obligation

 

$

 

 

$

 

 

*

Recast to reflect the adoption of the new revenue standards. See Note 1.

Transaction Price Related to Consideration Received and Accounts Receivable Allocated to Performance Obligations along with Associated Deferred Revenue

The transaction price related to consideration received and accounts receivable has been allocated to each of the following performance obligations under the U.S./RoW Agreement and China Agreement, along with any associated deferred revenue as follows (in thousands):

 

 

 

Cumulative

Revenue

Through

March 31, 2018

 

 

Deferred

Revenue at

March 31, 2018

 

 

Total

Consideration

Through

March 31, 2018

 

License

 

$

286,216

 

 

$

 

 

$

286,216

 

Co-development, information sharing &

  committee services

 

 

330,391

 

 

 

36,360

 

 

 

366,751

 

China performance obligation

 

 

 

 

 

112,009

 

 

 

112,009

 

Total license and development revenue

 

$

616,607

 

 

$

148,369

 

 

$

764,976