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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue:    
License and collaboration revenue$ 25,084$ 37$ 25,122$ 174,447
Service revenue171,2051003,997
Total revenue25,1011,24225,222178,444
Operating expenses:    
Research and development19,69213,16853,02041,817
General and administrative6,3293,67017,33412,245
Total operating expenses26,02116,83870,35454,062
Income (loss) from operations(920)(15,596)(45,132)124,382
Other income (expense):    
Interest income332913251
Interest expense(49)(52)(172)(160)
Revaluation of warrant liability14,846(4,781)(26,629)(8,723)
Other income (expense), net14,830(4,804)(26,669)(8,832)
Net income (loss)$ 13,910$ (20,400)$ (71,801)$ 115,550
Net income (loss) per share - basic$ 0.10$ (0.18)$ (0.55)$ 1.05
- diluted$ 0.10$ (0.18)$ (0.55)$ 1.04
Weighted-average number of shares of common stock outstanding - basic132,587110,810131,215110,045
- diluted137,480110,810131,215111,556