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Condensed Consolidated Statements of Comprehensive Income (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenue:    
Product revenue $ 14,334,687 $ 11,934,269
Royalty and other revenue 1,991,166 4,521,724
Total revenue 16,325,853 16,455,993
Operating expenses:    
Cost of product revenue 6,335,064 6,896,608
Cost of royalty revenue   576,857
Research and development 1,200,990 2,183,404
Selling, general and administrative 3,383,610 3,308,099
Contingent consideration - fair value adjustments 98,320 (53,974)
Total operating expenses 11,017,984 12,910,994
Income from operations 5,307,869 3,544,999
Investment income 101,816 61,519
Interest expense (14,085) (13,531)
Other income 2,505 29,081
Income before income taxes 5,398,105 3,622,068
Income tax provision 1,121,002 1,283,832
Net income 4,277,103 2,338,236
Earnings per share:    
Basic $ 0.13 $ 0.07
Diluted $ 0.13 $ 0.07
Weighted average shares outstanding:    
Basic 31,962,843 31,240,606
Diluted 32,831,019 31,855,428
Other comprehensive income:    
Unrealized gain (loss) on investments 2,184 (1,983)
Foreign currency translation loss (143,153) (256,608)
Comprehensive income $ 4,136,134 $ 2,079,645