Annual report pursuant to Section 13 and 15(d)

Research and Development Agreements (Tables)

v3.20.1
Research and Development Agreements (Tables)
12 Months Ended
Dec. 31, 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):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Japan

 

$

19,499

 

 

$

7,087

 

United States

 

 

 

 

 

196

 

Total Research and Development Revenue

 

$

19,499

 

 

$

7,283

 

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):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Takeda Collaboration Agreement

 

$

 

 

$

92

 

Takeda Individual Project Agreement

 

 

48

 

 

 

2,191

 

Takeda Development and License Agreement

 

 

18,468

 

 

 

3,903

 

Takeda Multi-Target Agreement

 

 

983

 

 

 

901

 

Total research and development revenue - from related party

 

$

19,499

 

 

$

7,087

 

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):

 

 

 

December 31, 2019

 

 

December 31, 2018

 

Contract Assets

 

 

 

 

 

 

 

 

Accounts receivable from related party

 

$

408

 

 

$

240

 

Contract Liabilities

 

 

 

 

 

 

 

 

Deferred revenue, current

 

$

8,780

 

 

$

26,231

 

Deferred revenue, non-current

 

 

441

 

 

 

2,670

 

Total deferred revenue

 

$

9,221

 

 

$

28,901