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Restructuring
9 Months Ended
Sep. 30, 2012
Restructuring and Related Activities [Abstract]  
Collaborations and Alliances

3. Restructuring

 

On July 16, 2012, the Company announced that it restructured its management team and closed its Germantown, MD office. As a result of this action, the Company recorded a restructuring charge, consisting primarily of severance, stock based compensation associated with stock option modifications (see Note 9) and health benefit continuation cost, of approximately $1.3 million. These costs are included in general and administrative expense.