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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Product, net $ 45,954,000   $ 97,307,000  
Total revenues 45,954,000   97,307,000  
Costs and expenses:        
Cost of sales (excluding amortization of in-licensed rights) 3,078,000   3,807,000  
Research and development 34,239,000 $ 34,349,000 122,266,000 $ 117,523,000
Selling, general and administrative 28,176,000 22,184,000 90,461,000 60,812,000
Settlement and license charges 25,588,000   28,427,000  
Amortization of in-licensed rights 780,000   837,000  
Total cost and expenses 91,861,000 56,533,000 245,798,000 178,335,000
Operating loss (45,907,000) (56,533,000) (148,491,000) (178,335,000)
Other income (loss):        
Gain from sale of Priority Review Voucher     125,000,000  
Interest income (expense) and other, net 184,000 (209,000) 703,000 (478,000)
Total other income (loss) 184,000 (209,000) 125,703,000 (478,000)
Loss before income tax expense (45,723,000) (56,742,000) (22,788,000) (178,813,000)
Income tax expense 2,011,000 0 3,902,000 0
Net loss (47,734,000) (56,742,000) (26,690,000) (178,813,000)
Other comprehensive income (loss):        
Unrealized gain (loss) on cash equivalents and short-term investments 26,000 (1,000) 108,000 111,000
Total other comprehensive income (loss) 26,000 (1,000) 108,000 111,000
Comprehensive loss $ (47,708,000) $ (56,743,000) $ (26,582,000) $ (178,702,000)
Net loss per share - basic and diluted $ (0.78) $ (1.18) $ (0.47) $ (3.83)
Weighted average number of shares of common stock outstanding for computing basic and diluted net loss per share 61,528 48,254 57,166 46,709