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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Net product sales $ 1,425,839 $ 858,093 $ 44,686
Sanofi collaboration revenue 430,111 423,814 326,609
Bayer HealthCare collaboration revenue 220,289 70,099 43,072
Technology licensing and other revenue 28,506 26,471 31,457
Total revenues 2,104,745 1,378,477 445,824
Expenses:      
Research and development 859,947 625,554 529,506
Selling, general, and administrative 329,415 210,755 117,261
Cost of goods sold 118,048 83,927 4,216
Cost of collaboration manufacturing 37,307 528 0
Total expenses 1,344,717 920,764 650,983
Income (loss) from operations 760,028 457,713 (205,159)
Other income (expense):      
Investment (expense) income (231) 2,012 3,549
Interest expense (46,437) (45,304) (21,282)
Total other income (expense) (46,668) (43,292) (17,733)
Income (loss) before income taxes 713,360 414,421 (222,892)
Income tax (expense) benefit (288,998) 335,848 1,132
Net income (loss) 424,362 750,269 (221,760)
Net income (loss) per share - basic $ 4.33 $ 7.92 $ (2.45)
Net income (loss) per share - diluted $ 3.81 $ 6.75 $ (2.45)
Weighted average shares outstanding - basic 97,917 94,685 90,610
Weighted average shares outstanding - diluted 111,290 115,382 90,610
Statements of Comprehensive Income (Loss)      
Net income (loss) 424,362 750,269 (221,760)
Other comprehensive income (loss):      
Unrealized (loss) gain on marketable securities, net of tax (22) 696 629
Comprehensive income (loss) $ 424,340 $ 750,965 $ (221,131)