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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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Net product sales $ 367,118 $ 249,172 $ 1,019,751 $ 576,622
Sanofi collaboration revenue 134,359 145,042 319,161 319,035
Bayer HealthCare collaboration revenue 88,583 26,701 134,594 48,308
Technology licensing 5,893 5,893 17,679 17,679
Other revenue 1,074 879 3,148 2,231
Total revenues 597,027 427,687 1,494,333 963,875
Expenses:        
Research and development 224,045 158,295 591,807 444,530
Selling, general, and administrative 97,607 46,883 247,330 153,016
Cost of goods sold 28,253 20,145 83,557 54,286
Cost of collaboration manufacturing 10,320    23,684   
Total expenses 360,225 225,323 946,378 651,832
Income from operations 236,802 202,364 547,955 312,043
Other income (expense):        
Investment income 618 517 2,028 1,628
Interest expense (11,736) (11,413) (34,776) (33,809)
Total other income (expense) (11,118) (10,896) (32,748) (32,181)
Income before income taxes 225,684 191,468 515,207 279,862
Income tax expense (84,378)    (187,651)   
Net income 141,306 191,468 327,556 279,862
Net income per share - basic (in dollars per share) $ 1.44 $ 2.02 $ 3.36 $ 2.97
Net income per share - diluted (in dollars per share) $ 1.25 $ 1.72 $ 2.95 $ 2.55
Weighted average shares outstanding - basic (in shares) 98,226 95,012 97,602 94,349
Weighted average shares outstanding - diluted (in shares) 116,713 115,830 115,554 109,780
Statements of Comprehensive Income        
Net income 141,306 191,468 327,556 279,862
Other comprehensive income (loss):        
Unrealized gain (loss) on marketable securities, net of tax 578 467 (1,685) (42)
Comprehensive income $ 141,884 $ 191,935 $ 325,871 $ 279,820