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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net loss $ (12,416) $ (22,295)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 551 642
Non-cash equity-based compensation expense 1,685 4,475
Amortization of premium/discount on purchased securities 766 868
Gains on investments, net   (1)
Changes in operating assets and liabilities:    
Accounts receivable, net (346) (724)
Inventories 2,131 313
Receivable from collaboration 58 (410)
Prepaid and other current assets 548 1,208
Accounts payable and accrued expenses (2,463) (3,508)
Deferred revenues (1,524) (1,710)
Other long-term liabilities (97) (83)
Total adjustments 1,309 1,070
Net cash used in operating activities (11,107) (21,225)
Cash flows from investing activities:    
Proceeds from sales or maturities of available-for-sale investments 37,504 35,327
Purchase of available-for-sale investments (52,205) (49,364)
Capital expenditures (47) (76)
Net cash used in investing activities (14,748) (14,113)
Cash flows from financing activities:    
Proceeds from the exercise of stock options   10
Net cash provided by financing activities   10
Net decrease in cash and cash equivalents (25,855) (35,328)
Cash and cash equivalents at beginning of the period 63,474 112,646
Cash and cash equivalents at end of the period $ 37,619 $ 77,318