Royalty Liability |
12 Months Ended | |
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Dec. 31, 2016 | ||
| Royalty Liability [Abstract] | ||
| Royalty Liability [Text Block] |
8. Royalty Liability
On March 28, 2013, we amended the agreements with Deerfield terminating our option to repurchase the royalty rights. As a result, we recognized a gain on the extinguishment of the royalty liability of approximately $9.0 million, which was recorded in other income, because we are no longer required to account for it as a liability. Additionally, we will no longer recognize royalty income related to the Fanapt royalty payments received from Novartis. |
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- Definition Royalty liability. No definition available.
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- References No definition available.
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