| Schedule of Expenses by Segment |
In addition, research and development and selling, general and administrative expenses are significant segment expenses regularly provided to the CEO with the following categories: Research and Development | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (In thousands) | | 2026 | | 2025 | | 2026 | | 2025 | | Clinical research and outside services | | $ | 244,226 | | | $ | 140,692 | | | $ | 443,483 | | | $ | 268,035 | | | Compensation and related | | 125,390 | | | 143,450 | | | 249,688 | | | 242,637 | | Occupancy and all other costs(1) | | 43,518 | | | 39,479 | | | 84,829 | | | 78,071 | | Total research and development expense | | $ | 413,134 | | | $ | 323,621 | | | $ | 778,000 | | | $ | 588,743 | |
Selling, General and Administrative | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (In thousands) | | 2026 | | 2025 | | 2026 | | 2025 | Compensation and related | | $ | 166,619 | | | $ | 191,233 | | | $ | 329,696 | | | $ | 322,670 | | Consulting and professional services | | 120,721 | | | 82,637 | | | 225,898 | | | 147,324 | | Occupancy and all other costs(1) | | 60,582 | | | 49,444 | | | 114,879 | | | 93,269 | | Total selling, general and administrative expense | | $ | 347,922 | | | $ | 323,314 | | | $ | 670,473 | | | $ | 563,263 | |
(1) Occupancy and all other costs includes facilities, information technology, depreciation and certain departmental expenses
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