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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Income Statement [Abstract]    
Net product sales $ 318,740 $ 127,931
Sanofi collaboration revenue 99,273 85,005
Bayer HealthCare collaboration revenue 14,907 12,483
Technology licensing 5,893 5,893
Other Revenue 851 477
Total revenues 439,664 231,789
Expenses:    
Research and development 180,299 138,862
Selling, general, and administrative 77,260 58,428
Cost of goods sold 29,055 12,298
Total expenses 286,614 209,588
Income from operations 153,050 22,201
Other income (expense):    
Investment income 456 610
Interest expense (11,675) (11,160)
Total other income (expense) (11,219) (10,550)
Income before income taxes 141,831 11,651
Income tax expense (42,957)   
Net income 98,874 11,651
Net income per share - basic (in dollars per share) $ 1.02 $ 0.12
Net income per share - diluted (in dollars per share) $ 0.90 $ 0.11
Weighted average shares outstanding - basic (in shares) 96,878 93,446
Weighted average shares outstanding - diluted (in shares) 109,369 107,734
Statements of Comprehensive Income    
Net income 98,874 11,651
Other comprehensive (loss) income:    
Unrealized (loss) gain on marketable securities, net of tax (478) 525
Comprehensive income $ 98,396 $ 12,176