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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Contract revenue $ 7,103 $ 3,001 $ 11,745 $ 3,835
Costs and expenses:        
Cost of contract revenue 5,118 1,231 8,903 1,574
Research and development 5,176 4,353 10,254 9,424
General and administrative 2,664 3,338 5,910 6,188
Total costs and expenses 12,958 8,922 25,067 17,186
Loss from operations (5,855) (5,921) (13,322) (13,351)
Other income (expense):        
Interest income 39 38 72 84
Interest expense (3) (2) (6) (4)
Change in fair value of warrant liability (101) 1,304 0 1,237
Loss from operations before income tax (5,920) (4,581) (13,256) (12,034)
Income tax expense   412   412
Net loss $ (5,920) $ (4,993) $ (13,256) $ (12,446)
Basic and diluted net loss per share $ (0.05) $ (0.04) $ (0.11) $ (0.11)
Basic and diluted weighted average number of common shares outstanding 126,925 112,821 123,741 112,009