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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue:        
Product sales and royalty revenue $ 6,172 $ 15,026 $ 17,980 $ 37,836
Non-cash royalty revenue related to sale of future royalties 6,143 4,523 16,753 12,744
License, collaboration and other revenue 120,556 41,360 146,422 67,195
Total revenue 132,871 60,909 181,155 117,775
Operating costs and expenses:        
Cost of goods sold 9,220 12,877 22,235 29,549
Research and development 34,200 43,914 109,240 141,762
General and administrative 9,130 10,643 28,677 30,700
Total operating costs and expenses 52,550 67,434 160,152 202,011
Income (loss) from operations 80,321 (6,525) 21,003 (84,236)
Non-operating income (expense):        
Interest income 133 116 399 639
Interest expense (4,391) (4,587) (13,412) (13,888)
Non-cash interest expense on liability related to sale of future royalties (5,203) (5,616) (15,725) (16,644)
Other income (expense), net (7) 262 136 385
Total non-operating expense, net (9,468) (9,825) (28,602) (29,508)
Income (loss) before provision for income taxes 70,853 (16,350) (7,599) (113,744)
Provision for income taxes 248 193 634 610
Net income (loss) $ 70,605 $ (16,543) $ (8,233) $ (114,354)
Net income (loss) per share        
Basic $ 0.55 $ (0.14) $ (0.07) $ (0.99)
Diluted $ 0.53 $ (0.14) $ (0.07) $ (0.99)
Weighted average shares outstanding used in computing net income (loss) per share        
Basic 127,504 115,812 126,043 115,557
Diluted 132,177 115,812 126,043 115,557