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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
Cash flows from operating activities:      
Net loss $ (38,841) $ (34,037) $ (54,753)
Adjustments to reconcile net loss to net cash flows used in operating activities:      
Amortization of deferred revenue (60,389) (62,508) (69,254)
Stock-based compensation 13,885 13,530 10,726
Depreciation and amortization 430 465 311
Accretion of discount on securities (65) (281) (1,081)
Changes in operating assets and liabilities:      
Receivable from collaboration partners 8,643 (14,698) (2,968)
Prepaid expenses and other current assets (1,945) (224) (5,450)
Other assets 166 (322) 78
Accounts payable 2,359 (1,611) (2,326)
Accrued expenses 2,504 9,345 6,282
Other current liabilities (4,923) 4,393 706
Deferred revenue 3,000 10,000 110,000
Other non-current liabilities (785) 884 144
Net cash used in operating activities (75,961) (75,064) (7,585)
Cash flows from investing activities:      
Purchase of short-term investments (74,956) (209,888) (342,437)
Maturities of short-term investments 100,075 331,000 272,000
Purchase of property and equipment (286) (197) (631)
Change in restricted cash (5,146) 1,500 (1,500)
Net cash provided by (used in) investing activities 19,687 122,415 (72,568)
Cash flows from financing activities:      
Proceeds from stock option and warrant exercises 15,734 2,625 3,389
Net proceeds from stockholder securities law settlement 2,959    
Proceeds from issuance of common stock, net of issuance costs     62,059
Excess tax benefits from stock-based compensation   278 714
Net cash provided by financing activities 18,693 2,903 66,162
Net (decrease) increase in cash and cash equivalents (37,581) 50,254 (13,991)
Cash and cash equivalents at beginning of year 107,717 57,463 71,454
Cash and cash equivalents at end of year 70,136 107,717 57,463
Supplemental disclosures of cash flow information:      
Income taxes paid 5,358   8,400
Receivable from stock option exercises     $ 436