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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenue:        
Product revenue $ 11,123,236 $ 5,741,920 $ 32,125,076 $ 13,250,840
Royalty and other revenue 3,981,059 2,889,458 11,327,500 8,940,648
Total revenue 15,104,295 8,631,378 43,452,576 22,191,488
Operating expenses:        
Cost of product revenue 6,418,962 2,092,815 19,036,762 5,038,713
Cost of royalty and other revenue 594,406 418,419 1,593,427 1,211,180
Research and development 2,433,043 3,074,625 8,147,164 10,376,357
Selling, general and administrative 3,126,244 2,493,093 9,973,013 7,220,847
Contingent consideration - fair value adjustments 343,932   343,932  
Gain on bargain purchase     (314,244)  
Total operating expenses 12,916,587 8,078,952 38,780,054 23,847,097
Income (loss) from operations 2,187,708 552,426 4,672,522 (1,655,609)
Investment income 95,807 52,247 156,747 187,482
Interest expense 7,205   (42,536) (13,484)
Other income (expense) (500,414)   67,145  
Income (loss) before income taxes 1,790,306 604,673 4,853,878 (1,481,611)
Income tax provision (benefit) (16,183)   250,954  
Net income (loss) 1,806,489 604,673 4,602,924 (1,481,611)
Earnings (loss) per share:        
Basic $ 0.06 $ 0.02 $ 0.15 $ (0.05)
Diluted $ 0.06 $ 0.02 $ 0.15 $ (0.05)
Weighted average shares outstanding:        
Basic 30,948,062 30,796,797 30,841,344 30,800,510
Diluted 31,256,273 30,933,832 31,131,749 30,800,510
Comprehensive income (loss) $ 3,913,569 $ 607,360 $ 6,068,700 $ (1,478,924)