Subsequent Events

12 Months Ended

Dec. 31, 2012

Subsequent Events [Abstract]

Subsequent events

16. Subsequent events:

On February 22, 2013, the Compensation Committee of the Company’s board of directors awarded an aggregate of 1,078,336 RSUs to members of the Company’s senior management, including Dr. Sirgo, Dr. O’Donnell, Mr. McNulty and Dr. Finn. These RSUs were issued under the Company’s 2011 Equity Incentive Plan and vest in equal installments over three years. This grant was in lieu of the 2012 annual option grant typically given to senior management in order to bring the percentage ownership of our senior management in line with the senior management of companies in the Company’s peer group.