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STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Collaboration revenue $ 6,389 $ 6,861 $ 4,332
Operating expenses:      
Research and development 45,084 157,791 106,785
General and administrative 14,798 14,377 17,647
Total operating expenses 59,882 172,168 124,432
Loss from operations (53,493) (165,307) (120,100)
Other income (expense), net 465 134 12
Change in fair value of derivative liabilities (1,295) (124)  
Net loss (54,323) (165,297) (120,088)
Preferred stock dividends (18,938) (7,123)  
Net loss applicable to common stockholders $ (73,261) $ (172,420) $ (120,088)
Basic and diluted net loss per share $ (0.53) $ (1.32) $ (0.96)
Weighted average common shares outstanding used to compute basic and diluted net loss per share 136,938,264 130,391,463 125,416,084