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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities:      
Net loss $ (35,750) $ (24,854) $ (18,587)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 646 676 572
Amortization of premium / discount on marketable securities 1,576 1,187 288
Stock-based compensation 8,081 7,818 8,467
Net loss on disposal of property and equipment     34
Other     (302)
Net changes in operating assets and liabilities:      
Interest receivable 6 4 (147)
Accounts receivable (553) (297) 431
Prepaid expenses and other assets (13) 97 (96)
Accounts payable and accrued liabilities (139) 3,196 (1,390)
Accrued compensation and employee benefits 315 (28) 997
Deferred revenue (64) (11,733) 3,596
Net cash used in operating activities (25,895) (23,934) (6,137)
Investing activities:      
Purchases of marketable securities (112,974) (100,027) (79,406)
Maturities of marketable securities 83,411 113,096 60,500
Proceeds from sales of marketable securities 10,139    
Purchases of property and equipment (576) (695) (272)
Net cash provided by / (used in) investing activities (20,000) 12,374 (19,178)
Financing activities:      
Issuance of common stock 51,877 1,185 21,846
Net cash provided by financing activities 51,877 1,185 26,763
Effect of exchange rate changes on cash     302
Net increase / (decrease) in cash and cash equivalents 5,982 (10,375) 1,750
Cash and cash equivalents, beginning of period 10,784 21,159 19,409
Cash and cash equivalents, end of period 16,766 10,784 21,159
License Agreements [Member]
     
Financing activities:      
Issuance of common stock     $ 4,917