Quarterly report pursuant to Section 13 or 15(d)

Research and Development Agreements (Tables)

v3.19.2
Research and Development Agreements (Tables)
6 Months Ended
Jun. 30, 2019
Schedule of Research and Development Revenues Disaggregated by Location

Research and development revenue is attributable to regions based on the location of our collaboration partner's parent company headquarters.  Research and development revenues disaggregated by location were as follows (in thousands):

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Japan

 

$

5,211

 

 

$

932

 

 

$

11,624

 

 

$

1,095

 

United States

 

 

 

 

 

12

 

 

 

 

 

 

80

 

Total research and development revenue

 

$

5,211

 

 

$

944

 

 

$

11,624

 

 

$

1,175

 

 

Takeda Pharmaceuticals Inc  
Schedule of Research and Development Revenue from Related Party Relates to Revenue from Research and Development Agreements

Research and development revenue from related party relates to revenue from research and development agreements with Takeda Pharmaceuticals, Inc (“Takeda”) and were as follows (in thousands):

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Takeda Collaboration Agreement

$

 

 

$

81

 

 

$

 

 

$

92

 

Takeda Individual Project Agreement

 

 

 

 

663

 

 

 

54

 

 

 

663

 

Takeda Development and License Agreement

 

5,012

 

 

 

 

 

 

11,126

 

 

 

 

Takeda Multi-Target Agreement

 

199

 

 

 

188

 

 

 

444

 

 

 

340

 

Total research and development revenue

$

5,211

 

 

$

932

 

 

$

11,624

 

 

$

1,095

 

Schedule of Deferred Revenue and Accounts Receivable Balances from the Research and Development Agreements

 

Deferred revenue and accounts receivable balances from the research and development agreements with Takeda were as follows (in thousands):

 

 

 

June 30, 2019

 

 

December 31, 2018

 

Assets

 

 

 

 

 

 

 

 

Unbilled revenue

 

$

 

 

$

240

 

Liabilities

 

 

 

 

 

 

 

 

Deferred revenue, current

 

$

14,561

 

 

$

26,231

 

Deferred revenue, non-current

 

 

1,664

 

 

 

2,670

 

Total deferred revenue

 

$

16,225

 

 

$

28,901