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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues    
Sanofi collaboration revenue$ 79,802$ 75,583$ 249,577$ 229,195
Other collaboration revenue10,09413,76133,69840,483
Technology licensing5,89310,03718,96630,112
Net product sales5,4684,93614,93419,985
Contract research and other1,5761,6625,6725,624
Total revenues102,833105,979322,847325,399
Expenses    
Research and development127,924122,043400,465364,040
Selling, general, and administrative32,91615,65880,91244,560
Cost of goods sold4503721,2271,494
Total expenses161,290138,073482,604410,094
Loss from operations(58,457)(32,094)(159,757)(84,695)
Other income (expense)    
Investment income7154532,7501,484
Interest expense(4,061)(2,234)(11,827)(6,660)
Total other income (expense)(3,346)(1,781)(9,077)(5,176)
Net loss before income tax expense (benefit)(61,803)(33,875)(168,834)(89,871)
Income tax expense (benefit)5620(517)0
Net loss$ (62,365)$ (33,875)$ (168,317)$ (89,871)
Net loss per share, basic and diluted$ (0.68)$ (0.41)$ (1.87)$ (1.10)
Weighted average shares outstanding, basic and diluted91,04681,63890,21581,433