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Collaboration Agreements (Tables)

9 Months Ended

Sep. 30, 2018

Summary of Revenue Recognized under Agreement

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

		Three Months Ended September 30,				Nine Months Ended September 30,
Agreement	Performance Obligation	2018		2017 *		2018		2017 *
Japan	License revenue	$	—	$	—	$	14,323	$	—
	Development revenue	$	474	$	517	$	2,065	$	1,130

*	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):

Japan Agreement	Cumulative Revenue Through September 30, 2018		Deferred Revenue at September 30, 2018		Total Consideration Through September 30, 2018
License	$	74,089	$	—	$	74,089
Development revenue		13,572		386		13,958
Total license and development revenue	$	87,661	$	386	$	88,047

Europe [Member]

Summary of Revenue Recognized under Agreement

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

		Three Months Ended September 30,				Nine Months Ended September 30,
Agreement	Performance Obligation	2018		2017 *		2018		2017 *
Europe	License revenue	$	—	$	—	$	—	$	—
	Development revenue	$	4,658	$	4,805	$	14,384	$	13,976

*	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):

Europe Agreement	Cumulative Revenue Through September 30, 2018		Deferred Revenue at September 30, 2018		Total Consideration Through September 30, 2018
License	$	370,481	$	—	$	370,481
Development revenue		198,717		4,350		203,067
Total license and development revenue	$	569,198	$	4,350	$	573,548

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 September 30,				Nine Months Ended September 30,
Agreement	Performance Obligation	2018		2017 *		2018		2017 *
U.S. / RoW and China	License revenue	$	—	$	9,933	$	—	$	9,933
	Development revenue		23,895		25,295		74,096		75,218
	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):

U.S. / RoW and China Agreements	Cumulative Revenue Through September 30, 2018		Deferred Revenue at September 30, 2018		Total Consideration Through September 30, 2018
License	$	286,216	$	—	$	286,216
Co-development, information sharing & committee services		377,765		29,163		406,928
China performance obligation		—		119,744		119,744
Total license and development revenue	$	663,981	$	148,907	$	812,888