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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
9 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Mar. 31, 2011
Mar. 31, 2010
Revenue:        
Product revenue $ 13,215,053 $ 11,810,869 $ 14,961,397 $ 10,304,727
Royalty and other revenue 10,235,194 9,573,770 12,329,627 10,666,342
Total revenue 23,450,247 21,384,639 27,291,024 20,971,069
Operating expenses: (1)        
Cost of product revenue 5,157,135 4,186,670 5,579,759 4,159,002
Cost of royalty and other revenue 1,315,315 1,160,775 1,537,666 1,347,168
Research and development 9,461,960 8,744,548 12,528,819 14,159,721
Selling, general and administrative 9,050,382 5,580,215 8,018,851 7,071,859
Gain on bargain purchase (427,478)      
Total operating expenses 24,557,314 19,672,208 27,665,095 26,737,750
(Loss) income from operations (1,107,067) 1,712,431 (374,071) (5,766,681)
Investment income 161,053 287,430 356,729 870,043
Interest expense (27,773) (12,683) (26,167) (1,972)
Other expense (623,094)      
(Loss) income before income taxes (1,596,881) 1,987,178 (43,509) (4,898,610)
Income tax provision (benefit) 15,744     (834,766)
Net (loss) income $ (1,612,625) $ 1,987,178 $ (43,509) $ (4,063,844)
Earnings (loss) per share:        
Basic $ (0.05) $ 0.06 $ 0.00 $ (0.13)
Diluted $ (0.05) $ 0.06 $ 0.00 $ (0.13)
Weighted average shares outstanding:        
Basic 30,774,467 30,778,430 30,781,881 30,752,041
Diluted 30,774,467 30,949,264 30,781,881 30,752,041