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STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended 100 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
Revenue $ 667     $ 667
Operating expenses:        
Research and development 57,083 12,910 4,556 128,899
General and administrative 14,984 11,636 7,567 68,795
Total operating expenses 72,067 24,546 12,123 197,694
Loss from operations (71,400) (24,546) (12,123) (197,027)
Other income, net 39 765 13 4,714
Change in fair value of warrants 7,583 (8,889) 4,461 4,721
Net loss $ (63,778) $ (32,670) $ (7,649) $ (187,592)
Basic and diluted net loss per share $ (0.97) $ (0.71) $ (0.33)  
Weighted average common shares outstanding used to compute basic and diluted net loss per share 66,003,789 46,003,996 23,108,039