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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (118,512,000) $ (95,792,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash royalty revenue related to sale of future royalties (8,230,000) (6,920,000)
Non-cash interest expense on liability related to sale of future royalties 6,065,000 5,019,000
Stock-based compensation 25,385,000 19,949,000
Depreciation and amortization 3,077,000 2,541,000
Accretion of discounts, net and other non-cash transactions (4,303,000) (370,000)
Changes in operating assets and liabilities:    
Accounts receivable 319,000 151,000
Inventory (397,000) 51,000
Other assets 4,209,000 1,853,000
Accounts payable 5,156,000 6,492,000
Accrued compensation 8,434,000 6,867,000
Other accrued expenses 774,000 10,826,000
Deferred revenue (4,204,000) (3,678,000)
Other liabilities 1,332,000 545,000
Net cash used in operating activities (80,895,000) (52,466,000)
Cash flows from investing activities:    
Purchases of investments (368,739,000)  
Maturities of investments 362,249,000 37,232,000
Sales of investments 0 11,963,000
Purchases of property, plant and equipment (5,648,000) (985,000)
Net cash provided by (used in) investing activities (12,138,000) 48,210,000
Cash flows from financing activities:    
Proceeds from shares issued under equity compensation plans 4,894,000 34,352,000
Net cash provided by financing activities 4,894,000 34,352,000
Effect of exchange rates on cash and cash equivalents (14,000) (53,000)
Net increase (decrease) in cash and cash equivalents (88,153,000) 30,043,000
Cash and cash equivalents at beginning of period 194,905,000 4,762,000
Cash and cash equivalents at end of period 106,752,000 34,805,000
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 4,805,000 $ 4,952,000