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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Research and development revenue $ 5,447 $ 7,106 $ 18,852 $ 13,431
Costs and expenses:        
Research and development 12,836 12,318 24,229 24,762
General and administrative 3,552 3,526 7,095 6,855
Total costs and expenses 16,388 15,844 31,324 31,617
Loss from operations (10,941) (8,738) (12,472) (18,186)
Interest income 112 217 167 527
Interest expense (6) (133) (12) (255)
Other income (expense) 31 (123) 47 (615)
Loss before taxes (10,804) (8,777) (12,270) (18,529)
Income tax benefit   550   550
Net loss $ (10,804) $ (8,227) $ (12,270) $ (17,979)
Basic and diluted net loss per share:        
Net loss per share (in dollars per shares) $ (0.20) $ (0.18) $ (0.24) $ (0.40)
Weighted average basic and diluted common shares outstanding (in shares) 53,255 44,517 51,961 44,461