v3.25.2
Collaborations, Licensing and Other Arrangements (Tables)
6 Months Ended
Jun. 30, 2025
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]  
Schedule of Total Revenue from Collaboration and Services

Revenue from collaborations and services were as follows (in thousands):

 

 

Three Months
Ended June 30,

 

 

Six Months
Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

UT CSA(1)

 

$

22,224

 

 

$

25,978

 

 

$

51,042

 

 

$

50,442

 

Amphastar co-promotion agreement

 

 

500

 

 

 

 

 

 

1,000

 

 

 

 

Cipla License and Distribution Agreement

 

 

37

 

 

 

36

 

 

 

73

 

 

 

73

 

Other

 

 

84

 

 

 

 

 

 

106

 

 

 

 

UT License Agreement

 

 

 

 

 

 

 

 

 

 

 

347

 

Total revenue from collaborations and services

 

$

22,845

 

 

$

26,014

 

 

$

52,221

 

 

$

50,862

 

_________________________

(1)
Amounts consist of revenue recognized for Manufacturing Services to UT for the periods presented.
United Therapeutics Corporation  
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]  
Schedule of Total Revenue from Collaboration and Services

Total revenue from UT was as follows (in thousands):

 

 

Three Months
Ended June 30,

 

 

Six Months
Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Revenue from UT

 

 

 

 

 

 

 

 

 

 

 

 

Royalties(1)

 

$

31,228

 

 

$

25,592

 

 

$

61,233

 

 

$

48,243

 

UT CSA

 

 

22,224

 

 

 

25,978

 

 

 

51,042

 

 

 

50,442

 

UT License Agreement

 

 

 

 

 

 

 

 

 

 

 

347

 

Total revenue from UT

 

$

53,452

 

 

$

51,570

 

 

$

112,275

 

 

$

99,032

 

_________________________

(1)
Amounts consist of royalties associated with the UT License Agreement. The contract assets related to the royalties is included in prepaid expense and other current assets in the condensed consolidated balance sheets.
UT CSA  
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]  
Schedule of Total Revenue from Collaboration and Services The portion of revenue related to each deliverable included in UT CSA revenue (in thousands) is as follows:

 

 

Three Months
Ended June 30,

 

 

Six Months
Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

UT CSA Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Sale of product(1)

 

$

18,704

 

 

 

21,400

 

 

 

43,818

 

 

 

42,943

 

Recognition of previously deferred revenue

 

 

2,654

 

 

 

3,611

 

 

 

6,066

 

 

 

6,088

 

Other agreements

 

 

866

 

 

 

967

 

 

 

1,158

 

 

 

1,411

 

Total UT CSA revenue

 

$

22,224

 

 

$

25,978

 

 

$

51,042

 

 

$

50,442

 

_________________________

Sale of product included revenue related to fully reimbursable costs associated with product sales and other miscellaneous charges of $1.2 million and $2.9 million for the three and six months ended June 30, 2024, and none in 2025