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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Revenue:      
Royalty revenue and milestones $ 9.1 $ 16.1 $ 15.1
Non-cash royalty revenue related to the sale of future royalties 0.2
Revenue from services 8.4 53.5
Other 0.1 0.1
Total revenue 9.3 24.6 68.7
Operating expense (income):      
Cost of revenue 3.6 51.1
Research and development 26.3 19.8 17.5
In-process research and development 17.6
General and administrative 8.0 9.4 10.2
Foreign exchange (gain) loss 0.2 (6.5) 1.4
Loss on disposal of assets 0.2
Total operating expense 34.5 44.1 80.2
Loss from operations (25.2) (19.5) (11.5)
Other income (expense):      
Non-cash interest expense on liability related to sale of future royalties (0.3)
Other income 0.1 0.3 0.2
Total other income (expense) (0.2) 0.3 0.2
Loss before tax (25.4) (19.2) (11.3)
Income tax benefit (expense) 0.1 0.3
Net loss $ (25.4) $ (19.1) $ (11.0)
Basic and diluted loss per share (in dollars per share) $ (0.66) $ (0.54) $ (0.35)
Basic and diluted weighted average shares outstanding (in shares) 38,635,452 35,360,841 31,347,888
Comprehensive loss:      
Net loss $ (25.4) $ (19.1) $ (11.0)
Exchange differences on translation of foreign operations (7.8) 1.5
Change in fair value of investments 0.1 (0.1)
Total Comprehensive loss $ (25.3) $ (27.0) $ (9.5)