Quarterly report pursuant to Section 13 or 15(d)

Accrued expenses and other current liabilities

v3.10.0.1
Accrued expenses and other current liabilities
6 Months Ended
Jun. 30, 2018
Accrued expenses and other current liabilities  
Accrued expenses and other current liabilities

 

Note 9 — Accrued expenses and other current liabilities

 

Accrued expenses and other current liabilities consisted of the following (in thousands):

 

 

 

June 30,
2018

 

December 31,
2017

 

Accrued clinical and development expenditure

 

$

11,357

 

$

10,065

 

Accrued employee expenses

 

5,419

 

6,592

 

VAT

 

 

5,741

 

Other accrued expenditure

 

4,238

 

4,446

 

Other liabilities

 

443

 

357

 

 

 

 

 

 

 

 

 

$

21,457

 

$

27,201

 

 

 

 

 

 

 

 

 

 

The Company typically has a receivable for VAT.  As of December 31, 2017, there was a VAT payable due to VAT arising on the milestone payments invoiced to GSK in 2017.