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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
REVENUES $ 8,386 $ 6,642 $ 388
COMPANY'S SHARE IN COLLABORATION AGREEMENT (5,418) 4,602  
COST OF REVENUES (1,525) (4,383) (3,575)
GROSS PROFIT (LOSS) 1,443 6,861 (3,187)
RESEARCH AND DEVELOPMENT EXPENSES (37,818) (37,691) (27,390)
Less - grants and reimbursements 6,775 7,740 5,752
RESEARCH AND DEVELOPMENT EXPENSES, NET (31,043) (29,951) (21,638)
GENERAL AND ADMINISTRATIVE EXPENSES (6,931) (6,876) (7,144)
OPERATING LOSS (36,531) (29,966) (31,969)
FINANCIAL INCOME - NET 2 968 529
NET LOSS FOR THE YEAR $ (36,529) $ (28,998) $ (31,440)
Net loss per share of common stock - basic and diluted: $ 0.43 $ 0.36 $ 0.41
Weighted average number of shares of common stock used in computing loss per share of common stock, basic and diluted: 84,645,364 80,960,300 76,942,840