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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net loss $ (13,064) $ (58,488)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 2,742 1,966
Impairment loss on assets held for sale 800  
Non-cash equity-based compensation expense 5,312 8,798
Non-cash income tax benefit (793) (611)
Amortization of premium/discount on purchased securities 2,181 2,778
Gains (losses) on investments, net 1,469 194
Changes in operating assets and liabilities:    
Accounts receivable, net (1,431) (1,284)
Inventories 3,860 2,094
Receivable from collaboration (349) 249
Prepaid and other current assets (1,339) 2,163
Accounts payable and accrued expenses (13,386) 5,083
Deferred revenues (3,668) (4,829)
Other long-term liabilities (302) (260)
Total adjustments (4,904) 16,341
Net cash used in operating activities (17,968) (42,147)
Cash flows from investing activities:    
Proceeds from sales or maturities of investments 102,540 99,096
Purchase of investments (105,305) (93,707)
Capital expenditures (47) (415)
Net cash (used in) provided by investing activities (2,812) 4,974
Cash flows from financing activities:    
Proceeds from the exercise of stock options 56 10
Proceeds from the issuance of common stock under ESPP 150 294
Net cash provided by financing activities 206 304
Net decrease in cash and cash equivalents (20,574) (36,869)
Cash and cash equivalents at beginning of the period 63,474 112,646
Cash and cash equivalents at end of the period $ 42,900 $ 75,777