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COLLABORATIONS AND ALLIANCES (Detail Textuals) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Nov. 03, 2015
Jan. 31, 2013
Feb. 28, 2011
Dec. 31, 2008
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]                
Baseline Contractual Rate             20.00%  
Notice period for termination of contract prior to start of specified period             90 days  
Notice period for termination of contract post start of Phase 3 clinical trials             180 days  
Net revenues         $ 1,072 $ 3,004 $ 2,299 $ 5,789
Phase 3 collaboration costs                
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]                
Total milestone partially offset $ 155,000              
Cumulative share of phase 3 collaboration costs in excess of milestones amounts received             64,700  
Cumulative share of phase 3 collaboration costs             104,700  
Milestone payment received   $ 15,000 $ 25,000          
Non-Phase 3 tivantinib collaboration costs                
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]                
Contra revenue from non-phase 3 cost less than collaboration partner's share         78      
Revenue from non-phase 3 in excess of collaboration partner's share           229    
Net revenues               240
Daiichi Sankyo Tivantinib Agreement                
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]                
Upfront payment received       $ 60,000        
Additional potential development and sales milestone payments       $ 560,000        
Milestone payments for official acceptance of drug approval applications 55,000              
Milestone payments to be received upon regulatory approvals and first commercial sales $ 100,000              
Net revenues         600 $ 1,600 1,400 $ 2,900
Deferred revenue         $ 1,400   $ 1,400