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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net loss $ (45,381) $ (9,597)
Adjustments for non-cash operating items:    
Amortization of deferred revenue (21,163) (92,479)
Stock-based compensation 25,628 17,520
Amortization of debt discount and debt issuance costs 9,941 6,491
Depreciation on property and equipment 2,474 959
Accretion of discount on securities (148) (93)
Loss on disposal of equipment 35  
Changes in operating assets and liabilities:    
Receivable from collaboration partners (32,126) (4,537)
Prepaid expenses and other current assets (6,567) (1,981)
Other non-current assets (1,468) 32
Accounts payable 3,378 (1,483)
Accrued expenses and other current liabilities 11,106 24,846
Interest payable 1,698  
Other non-current liabilities (239) 4,285
Net cash used in operating activities (52,832) (56,037)
Cash flows from investing activities:    
Purchases of short-term investments (144,926) (374,784)
Maturities of short-term investments 285,000 225,000
Purchases of property and equipment (6,321) (13,549)
Change in restricted cash (713) (3,697)
Net cash provided by (used in) investing activities 133,040 (167,030)
Cash flows from financing activities:    
Proceeds from issuance of Convertible Notes, net   250,987
Financing transaction costs   (614)
Proceeds from issuance of common stock under Medivation Equity Incentive Plan 6,459 18,115
Net cash provided by financing activities 6,459 268,488
Net increase in cash and cash equivalents 86,667 45,421
Cash and cash equivalents at beginning of period 71,301 70,136
Cash and cash equivalents at end of period 157,968 115,557
Non-cash investing activities:    
Property and equipment expenditures incurred but not yet paid 23 265
Performance share units withheld to satisfy tax withholding obligations not yet paid   $ 1,608