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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Product, net $ 16,342,000  
Total revenues 16,342,000  
Costs and expenses:    
Cost of sales 252,000  
Research and development 29,119,000 $ 38,826,000
Selling, General and administrative 26,216,000 20,876,000
Total cost and expenses 55,587,000 59,702,000
Operating loss (39,245,000) (59,702,000)
Other income (loss):    
Gain from sale of Priority Review Voucher 125,000,000  
Interest income (expense) and other, net 335,000 (68,000)
Total other income (loss) 125,335,000 (68,000)
Income (loss) before income tax expense 86,090,000 (59,770,000)
Income tax expense 2,000,000 0
Net income (loss) 84,090,000 (59,770,000)
Other comprehensive income:    
Unrealized gain on short-term securities - available-for-sale 65,000 106,000
Total other comprehensive income 65,000 106,000
Comprehensive income (loss) $ 84,155,000 $ (59,664,000)
Net income (loss) per share:    
Basic earnings (loss) per share $ 1.53 $ (1.31)
Diluted earnings (loss) per share $ 1.50 $ (1.31)
Weighted average number of shares of common stock used in calculating:    
Basic earnings (loss) per share 54,850 45,697
Diluted earnings (loss) per share 56,012 45,697