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Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended 386 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Statements of Operations and Comprehensive Income (loss) [Abstract]          
Revenues from license fees, grants and research contracts $ 7,574 $ 7,524 $ 29,993 $ 33,405 $ 166,212
Operating expenses:          
Research and development 10,914 15,610 39,568 48,161 372,834
General and administrative 3,565 3,185 9,761 12,171 114,218
Acquired in-process research and development 0 0 0 0 29,461
Operating loss (6,905) (11,271) (19,336) (26,927) (350,301)
Other income (loss):          
Interest income and other, net 67 199 270 440 9,439
Gain (loss) on change in warrant valuation (42,716) 7,052 (40,154) 25,579 (15,184)
Realized gain on sale of short-term securities--available-for-sale 0 0 0 0 3,863
Write-down of short-term securities--available-for-sale 0 0 0 0 (17,001)
Total other non operating income (42,649) 7,251 (39,884) 26,019 (18,883)
Net income (loss) (49,554) (4,020) (59,220) (908) (369,184)
Other comprehensive income (loss):          
Write-down of short-term securities--available-for-sale 0 0 0 0 17,001
Realized gain on sale of short-term securities--available-for-sale 0 0 0 0 (3,863)
Unrealized loss on short-term securities--available-for-sale 0 0 0 0 (13,138)
Total Other comprehensive income (loss) 0 0 0 0 0
Comprehensive income (loss) $ (49,554) $ (4,020) $ (59,220) $ (908) $ (369,184)
Net income (loss) per share - basic $ (2.17) $ (0.18) $ (2.61) $ (0.04)  
Net income (loss) per share - diluted $ (2.17) $ (0.18) $ (2.61) $ (0.04)  
Weighted average number of common shares outstanding for computing basic income (loss) per share (in thousands) 22,824 22,623 22,691 21,254  
Weighted average number of common shares outstanding for computing diluted income (loss) per share (in thousands) 22,824 22,623 22,691 21,254