2015 Q3 Form 10-Q Financial Statement
#000115903615000092 Filed on November 09, 2015
Income Statement
Concept | 2015 Q3 | 2014 Q3 |
---|---|---|
Revenue | $31.85M | $14.61M |
YoY Change | 118.08% | -8.79% |
Cost Of Revenue | $6.180M | $5.141M |
YoY Change | 20.21% | 652.71% |
Gross Profit | $4.197M | $4.476M |
YoY Change | -6.23% | -52.09% |
Gross Profit Margin | 13.18% | 30.64% |
Selling, General & Admin | $10.23M | $8.587M |
YoY Change | 19.09% | 5.56% |
% of Gross Profit | 243.65% | 191.85% |
Research & Development | $27.61M | $19.90M |
YoY Change | 38.72% | -22.52% |
% of Gross Profit | 657.87% | 444.68% |
Depreciation & Amortization | $400.0K | $500.0K |
YoY Change | -20.0% | 66.67% |
% of Gross Profit | 9.53% | 11.17% |
Operating Expenses | $37.84M | $28.49M |
YoY Change | 32.8% | -15.77% |
Operating Profit | -$23.24M | -$19.03M |
YoY Change | 22.13% | 2.88% |
Interest Expense | $1.301M | $1.376M |
YoY Change | -5.45% | 61.88% |
% of Operating Profit | ||
Other Income/Expense, Net | $78.00K | $122.0K |
YoY Change | -36.07% | 134.62% |
Pretax Income | -$24.46M | -$20.30M |
YoY Change | 20.49% | 5.18% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | ||
Net Earnings | -$28.95M | -$20.28M |
YoY Change | 42.73% | 5.12% |
Net Earnings / Revenue | -90.87% | -138.85% |
Basic Earnings Per Share | -$0.19 | -$0.16 |
Diluted Earnings Per Share | -$0.19 | -$163.7K |
COMMON SHARES | ||
Basic Shares Outstanding | 126.9M shares | 124.0M shares |
Diluted Shares Outstanding | 126.9M shares |
Balance Sheet
Concept | 2015 Q3 | 2014 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $123.7M | $134.5M |
YoY Change | -8.03% | 105.97% |
Cash & Equivalents | $71.51M | $46.38M |
Short-Term Investments | $52.20M | $88.10M |
Other Short-Term Assets | $9.900M | $8.900M |
YoY Change | 11.24% | -2.2% |
Inventory | $11.10M | $6.916M |
Prepaid Expenses | ||
Receivables | $8.392M | $8.275M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $153.1M | $158.6M |
YoY Change | -3.47% | 54.25% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.686M | $3.249M |
YoY Change | -17.33% | -34.18% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $3.000M | $2.800M |
YoY Change | 7.14% | 16.67% |
Total Long-Term Assets | $5.644M | $6.026M |
YoY Change | -6.34% | -17.76% |
TOTAL ASSETS | ||
Total Short-Term Assets | $153.1M | $158.6M |
Total Long-Term Assets | $5.644M | $6.026M |
Total Assets | $158.7M | $164.6M |
YoY Change | -3.58% | 49.46% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $4.437M | $4.342M |
YoY Change | 2.19% | -22.35% |
Accrued Expenses | $18.93M | $15.02M |
YoY Change | 25.98% | -27.16% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $15.70M | $10.08M |
YoY Change | 55.82% | 68.76% |
Total Short-Term Liabilities | $44.85M | $34.59M |
YoY Change | 29.65% | -12.7% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $34.10M | $39.80M |
YoY Change | -14.32% | 51.33% |
Other Long-Term Liabilities | $3.746M | $2.759M |
YoY Change | 35.77% | 199.42% |
Total Long-Term Liabilities | $3.746M | $2.759M |
YoY Change | 35.77% | 199.42% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $44.85M | $34.59M |
Total Long-Term Liabilities | $3.746M | $2.759M |
Total Liabilities | $48.60M | $37.35M |
YoY Change | 30.11% | -7.88% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$487.0M | -$445.2M |
YoY Change | 9.4% | 23.63% |
Common Stock | $518.8M | $485.1M |
YoY Change | 6.93% | 36.06% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $31.80M | $39.94M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $158.7M | $164.6M |
YoY Change | -3.58% | 49.46% |
Cashflow Statement
Concept | 2015 Q3 | 2014 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$28.95M | -$20.28M |
YoY Change | 42.73% | 5.12% |
Depreciation, Depletion And Amortization | $400.0K | $500.0K |
YoY Change | -20.0% | 66.67% |
Cash From Operating Activities | -$17.00M | -$13.20M |
YoY Change | 28.79% | 6.45% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$300.0K | -$300.0K |
YoY Change | 0.0% | 0.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $20.70M | $3.000M |
YoY Change | 590.0% | |
Cash From Investing Activities | $20.20M | $2.700M |
YoY Change | 648.15% | -1000.0% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 500.0K | 800.0K |
YoY Change | -37.5% | -65.22% |
NET CHANGE | ||
Cash From Operating Activities | -17.00M | -13.20M |
Cash From Investing Activities | 20.20M | 2.700M |
Cash From Financing Activities | 500.0K | 800.0K |
Net Change In Cash | 3.700M | -9.700M |
YoY Change | -138.14% | -6.73% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$17.00M | -$13.20M |
Capital Expenditures | -$300.0K | -$300.0K |
Free Cash Flow | -$16.70M | -$12.90M |
YoY Change | 29.46% | 6.61% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001159036 | ||
CY2015Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
128014034 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
HALOZYME THERAPEUTICS INC. | ||
dei |
Trading Symbol
TradingSymbol
|
HALO | ||
CY2014Q4 | halo |
Accountsreceivablefromcollaborators
Accountsreceivablefromcollaborators
|
1266000 | USD |
CY2015Q3 | halo |
Accountsreceivablefromcollaborators
Accountsreceivablefromcollaborators
|
1230000 | USD |
CY2014Q4 | halo |
Accountsreceivablefromproductsales
Accountsreceivablefromproductsales
|
2133000 | USD |
CY2015Q3 | halo |
Accountsreceivablefromproductsales
Accountsreceivablefromproductsales
|
2433000 | USD |
CY2014Q4 | halo |
Accountsreceivablefromproductsalestocollaborators
Accountsreceivablefromproductsalestocollaborators
|
6361000 | USD |
CY2015Q3 | halo |
Accountsreceivablefromproductsalestocollaborators
Accountsreceivablefromproductsalestocollaborators
|
5463000 | USD |
CY2014Q4 | halo |
Accrued Outsourced Research And Development Expenses Current
AccruedOutsourcedResearchAndDevelopmentExpensesCurrent
|
4383000 | USD |
CY2015Q3 | halo |
Accrued Outsourced Research And Development Expenses Current
AccruedOutsourcedResearchAndDevelopmentExpensesCurrent
|
7017000 | USD |
CY2014Q4 | halo |
Accrued Outsourced Researchand Development Expenses Long Term
AccruedOutsourcedResearchandDevelopmentExpensesLongTerm
|
480000 | USD |
CY2015Q3 | halo |
Accrued Outsourced Researchand Development Expenses Long Term
AccruedOutsourcedResearchandDevelopmentExpensesLongTerm
|
679000 | USD |
CY2014Q4 | halo |
Accruedmanufacturingexpenses
Accruedmanufacturingexpenses
|
2112000 | USD |
CY2015Q3 | halo |
Accruedmanufacturingexpenses
Accruedmanufacturingexpenses
|
3914000 | USD |
CY2015Q3 | halo |
Additional Maximum Proceeds Receivablefrom Collaboratorof Licenseand Collaborative Agreement Upon Achievementof Clinical Development Milestones
AdditionalMaximumProceedsReceivablefromCollaboratorofLicenseandCollaborativeAgreementUponAchievementofClinicalDevelopmentMilestones
|
55000000 | USD |
CY2015Q3 | halo |
Additionalmaximumcashpaymentsreceivableuponachievementofregulatorymilestonesforelectedtargets
Additionalmaximumcashpaymentsreceivableuponachievementofregulatorymilestonesforelectedtargets
|
12000000 | USD |
CY2014Q4 | halo |
Allowancefor Distribution Feesand Discounts
AllowanceforDistributionFeesandDiscounts
|
611000 | USD |
CY2015Q3 | halo |
Allowancefor Distribution Feesand Discounts
AllowanceforDistributionFeesandDiscounts
|
734000 | USD |
CY2014Q4 | halo |
Prepaidmanufacturingexpense
Prepaidmanufacturingexpense
|
6339000 | USD |
CY2015Q3 | halo |
Prepaidmanufacturingexpense
Prepaidmanufacturingexpense
|
7181000 | USD |
CY2014Q4 | halo |
Prepaidresearchanddevelopment
Prepaidresearchanddevelopment
|
2380000 | USD |
CY2015Q3 | halo |
Prepaidresearchanddevelopment
Prepaidresearchanddevelopment
|
3120000 | USD |
CY2014Q1 | halo |
Stock Issued During Period Shares New Issues To Underwriter
StockIssuedDuringPeriodSharesNewIssuesToUnderwriter
|
1153846 | shares |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3003000 | USD |
CY2015Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
4437000 | USD |
CY2014Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
9760000 | USD |
CY2015Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
9126000 | USD |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
9149000 | USD |
CY2015Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
8392000 | USD |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-1062000 | USD | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-699000 | USD | |
CY2014Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
14441000 | USD |
CY2015Q3 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
19605000 | USD |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
13961000 | USD |
CY2015Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
18926000 | USD |
CY2014Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
9219000 | USD |
CY2015Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
9983000 | USD |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-41000 | USD |
CY2015Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
491694000 | USD |
CY2015Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
518647000 | USD |
CY2014Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4176000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11065000 | USD | |
CY2015Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5553000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
15588000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1610000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
885000 | USD | |
CY2014Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9800000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9800000 | shares | |
CY2015Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9600000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9600000 | shares | |
CY2014Q4 | us-gaap |
Assets
Assets
|
165977000 | USD |
CY2015Q3 | us-gaap |
Assets
Assets
|
158734000 | USD |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
161321000 | USD |
CY2015Q3 | us-gaap |
Assets Current
AssetsCurrent
|
153090000 | USD |
CY2014Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
116919000 | USD |
CY2015Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
119765000 | USD |
CY2014Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
74234000 | USD |
CY2015Q3 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
52204000 | USD |
CY2015Q3 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
43100000 | USD |
CY2015Q3 | us-gaap |
Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
|
11 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
27357000 | USD |
CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
46375000 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
61389000 | USD |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
71514000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
19018000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
10125000 | USD | |
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Commitments And Contingencies
CommitmentsAndContingencies
|
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Commitments And Contingencies
CommitmentsAndContingencies
|
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
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Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
125721000 | shares |
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Common Stock Shares Issued
CommonStockSharesIssued
|
127811000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
125721000 | shares |
CY2015Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
127811000 | shares |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
126000 | USD |
CY2015Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
128000 | USD |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-20329000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-63164000 | USD | |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-24420000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-36508000 | USD | |
CY2014Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
5141000 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
16585000 | USD | |
CY2015Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
6180000 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
20818000 | USD | |
CY2014Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
33632000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
104142000 | USD | |
CY2015Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
44017000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
115747000 | USD | |
CY2014Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
54634000 | USD |
CY2015Q3 | us-gaap |
Deferred Revenue
DeferredRevenue
|
50033000 | USD |
CY2014Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
7367000 | USD |
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Deferred Revenue Current
DeferredRevenueCurrent
|
5789000 | USD |
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Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
47267000 | USD |
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Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
44244000 | USD |
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Depreciation And Amortization
DepreciationAndAmortization
|
400000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1300000 | USD | |
CY2015Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
400000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1200000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1304000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1218000 | USD | |
CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.16 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.52 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.19 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.29 | ||
CY2014Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
5923000 | USD |
CY2015Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
5614000 | USD |
CY2014Q4 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | USD |
CY2015Q3 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | USD |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1693000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
6011000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-822000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-757000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-418000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-4600000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
746000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4695000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
32000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-200000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-98000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1000000 | USD | |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
1376000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
4203000 | USD | |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
1301000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
3899000 | USD | |
CY2014Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1400000 | USD |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
4200000 | USD | |
CY2015Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1300000 | USD |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
3900000 | USD | |
CY2014Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
646000 | USD |
CY2015Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1140000 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
6406000 | USD |
CY2015Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
9494000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
165977000 | USD |
CY2014Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
553000 | USD |
CY2015Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
467000 | USD |
CY2015Q3 | us-gaap |
Inventory Net
InventoryNet
|
11101000 | USD |
us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
11896000 | USD | |
CY2014Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
5207000 | USD |
CY2015Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
158734000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
24331000 | USD |
CY2015Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
44851000 | USD |
CY2014Q3 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
2094000 | USD |
CY2015Q3 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
2205000 | USD |
us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
28896000 | USD | |
CY2014Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
49860000 | USD |
CY2015Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
34094000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | USD |
CY2015Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
15699000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
11367000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
112030000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-46433000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
20644000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-46579000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-21886000 | USD | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-20280000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-63101000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24460000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-36549000 | USD | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | Segment | |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-19026000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-59185000 | USD | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-23237000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-32917000 | USD | |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2023000 | USD |
CY2015Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
3060000 | USD |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
2000000 | USD |
CY2015Q3 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
2900000 | USD |
CY2014Q4 | us-gaap |
Other Assets
OtherAssets
|
1535000 | USD |
CY2015Q3 | us-gaap |
Other Assets
OtherAssets
|
520000 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-49000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-63000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
40000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
41000 | USD | |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3167000 | USD |
CY2015Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3746000 | USD |
CY2014Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
122000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
287000 | USD | |
CY2015Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
78000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
267000 | USD | |
CY2014Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
1094000 | USD |
CY2015Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
1516000 | USD |
us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
89117000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
46360000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1132000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
726000 | USD | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2015Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
4317000 | USD | |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
11348000 | USD |
CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
12337000 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
10143000 | USD |
CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
9879000 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
|
1205000 | USD |
CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
|
2458000 | USD |
CY2015Q3 | us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
0 | USD |
us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
0 | USD | |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
107700000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
107713000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
11367000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
43816000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
67730000 | USD | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12170000 | USD |
CY2015Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12669000 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2951000 | USD |
CY2015Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2686000 | USD |
CY2014Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
19904000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
59968000 | USD | |
CY2015Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
27611000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
65490000 | USD | |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
500000 | USD |
CY2015Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
500000 | USD |
us-gaap |
Restructuring And Related Cost Description
RestructuringAndRelatedCostDescription
|
paid in full during the three months ended March 31, 2015 | ||
CY2014Q4 | us-gaap |
Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
|
0.13 | |
CY2014Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
500000 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-450427000 | USD |
CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-486976000 | USD |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
14606000 | USD |
us-gaap |
Revenues
Revenues
|
44957000 | USD | |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
20780000 | USD |
us-gaap |
Revenues
Revenues
|
82830000 | USD | |
CY2014Q3 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
2895000 | USD |
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
5382000 | USD | |
CY2015Q3 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
8274000 | USD |
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
21431000 | USD | |
CY2014Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
13.00 | |
CY2014Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
9617000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
27679000 | USD | |
CY2015Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
10301000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
32503000 | USD | |
CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
8587000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
27589000 | USD | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
10226000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
29439000 | USD | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41352000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31799000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11065000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15588000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Payments
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments
|
0 | USD | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
100000 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2100000 | shares | |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
800000 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
3300000 | shares | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
8400000 | shares |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
8800000 | shares |
CY2014Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
8846153 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
124041000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
122157000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
126921000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
126127000 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Business </font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Halozyme Therapeutics, Inc. is a biotechnology company focused on developing and commercializing novel oncology therapies. We are seeking to translate our unique knowledge of the tumor microenvironment to create therapies that have the potential to improve cancer patient survival. Our research primarily focuses on human enzymes that alter the extracellular matrix and tumor microenvironment. The extracellular matrix is a complex matrix of proteins and carbohydrates surrounding the cell that provides structural support in tissues and orchestrates many important biological activities, including cell migration, signaling and survival. Over many years, we have developed unique technology and scientific expertise enabling us to pursue this target-rich environment for the development of therapies.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our proprietary enzymes are used to facilitate the delivery of injected drugs and fluids, potentially enhancing the efficacy and the convenience of other drugs or can be used to alter tissue structures for potential clinical benefit. We have chosen to exploit our technology and expertise in a balanced way to modulate both risk and spend by: (1) developing our own proprietary products in therapeutic areas with significant unmet medical needs, with a focus on oncology, and (2) licensing our technology to biopharmaceutical companies to collaboratively develop products which combine our technology with the collaborators’ proprietary compounds.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The majority of our approved product and product candidates are based on rHuPH20, our patented recombinant human hyaluronidase enzyme. rHuPH20 temporarily breaks down hyaluronan (or “HA”), a naturally occurring complex carbohydrate that is a major component of the extracellular matrix in tissues throughout the body such as skin and cartilage. We believe this temporary degradation creates an opportunistic window for the improved subcutaneous delivery of injectable biologics, such as monoclonal antibodies and other large therapeutic molecules, as well as small molecules and fluids. We refer to the application of rHuPH20 to facilitate the delivery of other drugs or fluids as Enhanze</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">™</sup></font><font style="font-family:inherit;font-size:10pt;"> technology. rHuPH20 is also the active ingredient in our first commercially approved product, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Hylenex</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> recombinant.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our proprietary development pipeline consists primarily of clinical stage product candidates in oncology. Our lead oncology program is PEGPH20 (PEGylated recombinant human hyaluronidase), a new molecular entity, under development for the systemic treatment of tumors that accumulate HA. When HA accumulates in a tumor, it can cause higher pressure in the tumor, reducing blood flow into the tumor and with that, reduced access of cancer therapies to the tumor. PEGPH20 works by temporarily degrading HA surrounding cancer cells resulting in reduced pressure and increased blood flow to the cancer with increased amounts of anticancer treatments administered concomitantly gaining access to the tumor. We are currently in Phase 2 clinical testing for PEGPH20 in metastatic pancreatic cancer (Study 109-202), in Phase 1b clinical testing in non-small cell lung cancer (Study 107-201), and in Phase 1b clinical testing in non-small cell lung cancer and gastric cancer (Study 107-101).</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Regarding Enhanze, we currently have collaborations with F. Hoffmann-La Roche, Ltd. and Hoffmann-La Roche, Inc. (“Roche”), Baxter Healthcare Corporation (predecessor to Baxalta Incorporated) (“Baxalta”), Pfizer Inc. (“Pfizer”), Janssen Biotech, Inc. (“Janssen”), and AbbVie, Inc. (“AbbVie”), with one product approved in the U.S. and three products approved for marketing in Europe from which we are receiving royalties and several others at various stages of development.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Except where specifically noted or the context otherwise requires, references to “Halozyme,” “the Company,” “we,” “our,” and “us” in these notes to condensed consolidated financial statements refer to Halozyme Therapeutics, Inc. and its wholly owned subsidiary, Halozyme, Inc., and Halozyme, Inc.’s wholly owned subsidiary, Halozyme Holdings Ltd.</font></div></div> |