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Condensed Consolidated Balance Sheets (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 182,286 $ 107,717
Short-term investments 75 100,039
Receivable from collaboration partners (Note 2) 14,763 21,188
Prepaid expenses and other current assets 6,791 8,067
Total current assets 203,915 237,011
Property and equipment, net 796 862
Restricted cash 843 843
Other non-current assets 2,760 887
Total assets 208,314 239,603
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 6,285 3,229
Accrued expenses 24,201 21,399
Deferred revenue 59,762 59,153
Other current liabilities 459 5,193
Total current liabilities 90,707 88,974
Deferred revenue, net of current 113,390 141,507
Other non-current liabilities 1,296 1,438
Total liabilities 205,393 231,919
Contingencies (Note 11)    
Stockholders' equity:    
Preferred stock, $0.01 par value per share; 1,000,000 shares authorized; no shares issued and outstanding    
Common stock, $0.01 par value per share; 50,000,000 shares authorized; issued and outstanding shares 34,906,744 at June 30, 2011 and 34,573,829 at December 31, 2010 349 346
Additional paid-in capital 231,948 218,786
Accumulated other comprehensive gain   2
Accumulated deficit (229,376) (211,450)
Total stockholders' equity 2,921 7,684
Total liabilities and stockholders' equity $ 208,314 $ 239,603