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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUE:      
Product Development and Licensing Agreements $ 1,442 $ 838 $ 160
Contracts and Grants 4,038 2,748 1,617
Product Royalties     2,334
Total Revenue 5,480 3,586 4,111
OPERATING EXPENSE:      
Research and Development 100,171 104,381 67,401
Royalty     2,334
General and Administrative 33,837 20,622 14,805
Amortization of Acquired Intangible Assets 1,013 1,013 1,013
Total Operating Expense 135,021 126,016 85,553
Operating Loss (129,541) (122,430) (81,442)
Investment and Other Income, Net 2,344 4,350 819
Interest Expense     (927)
Net Loss $ (127,197) $ (118,080) $ (81,550)
Basic and Diluted Net Loss Per Common Share (in dollars per share) $ (1.31) $ (1.32) $ (1.02)
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares) 97,051 89,399 79,777
COMPREHENSIVE LOSS:      
Net Loss $ (127,197) $ (118,080) $ (81,550)
Other Comprehensive (Loss) Income:      
Foreign Currency Translation Adjustments 15 (5) (3)
Unrealized Loss on Marketable Securities (298) (73) (74)
Comprehensive Loss $ (127,480) $ (118,158) $ (81,627)