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CONDENSED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended87 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
OPERATING EXPENSES     
General and administrative$ 391$ 698$ 2,354$ 2,460$ 28,570
Research and development1,2261,9114,6846,09498,339
Purchased in-process research and development000034,311
Other0000(375)
Total operating expenses1,6172,6097,0388,554160,845
Interest and other income, net(2)(28)(16)(99)(13,743)
Loss from continuing operations before taxes1,6152,5817,0228,455147,102
Income tax benefit0000(1,197)
Loss from continuing operations1,6152,5817,0228,455145,905
Discontinued operations - net gain on sale of the bone device business, net of taxes of $2670000(2,202)
NET LOSS$ 1,615$ 2,581$ 7,022$ 8,455$ 143,703
Per Share Information: Net loss, basic and diluted (in dollars per share)$ 0.04$ 0.06$ 0.17$ 0.21 
Basic and diluted shares outstanding (in shares)40,77540,77540,77540,775