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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
License and collaboration revenue $ 66 $ 25,084 $ 448 $ 25,122
Service Revenue 19 17 36 100
Total revenue 85 25,101 484 25,222
Operating expenses:        
Research and development 38,822 19,692 107,021 53,020
General and administrative 14,482 6,329 37,994 17,334
Total operating expenses 53,304 26,021 145,015 70,354
Loss from operations (53,219) (920) (144,531) (45,132)
Other income (expense):        
Interest income 53 33 190 132
Interest expense (47) (49) (154) (172)
Revaluation of warrant liability   14,846 (15,924) (26,629)
Other income (expense), net 6 14,830 (15,888) (26,669)
Net income (loss) $ (53,213) $ 13,910 $ (160,419) $ (71,801)
Net income (loss) per share - basic $ (0.32) $ 0.10 $ (0.98) $ (0.55)
Net income (loss) per share - diluted $ (0.32) $ 0.10 $ (0.98) $ (0.55)
Weighted-average number of shares of common stock outstanding - basic 166,296 132,587 164,378 131,215
Weighted-average number of shares of common stock outstanding - diluted 166,296 137,480 164,378 131,215