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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]  
Held-to-maturity Securities [Table Text Block]

During the year ended December 31, 2011, the Company held investments in marketable securities that were classified as held to maturity and consisted of corporate bonds and certificates of deposits as follows (in thousands) :

 

 

 

December 31, 2011

 

Purchase of short-term investments

 

$

(4,370

)

Amortization of premium on investments

 

 

57

 

Proceeds from short-term investments

 

 

4,293

 

Loss on sale of short-term investments

 

 

20

 

Fair value

 

$

-

 

Estimated Useful Life Of Assets [Table Text Block]

Property and equipment is recorded at cost and depreciated or amortized using the straight-line method over the estimated useful life of the asset or the underlying lease term for leasehold improvements, whichever is shorter. The estimated useful life by asset description is noted in the following table.

 

Asset Description

 

Estimated Useful Life

Office equipment and furniture

 

3-5  years

Laboratory equipment

 

7-10 years

Manufacturing equipment

 

10 years

Leasehold improvements and fixtures

 

Lesser of estimated useful or life of lease