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Intangible Assets and Goodwill (Tables)
6 Months Ended
Jun. 30, 2011
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block]
The following information details the carrying amounts and accumulated amortization of the Company's amortizing intangible assets:


 
 
 
As of June 30, 2011
 
As of December 31, 2010
 
 
Weighted Average
Useful Life
 
Gross
Carrying
Amount
 
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
 
 
(in thousands)
Identifiable intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer relationships(1)
8 years
 
$
7,457


 
$
(2,289
)
 
$
5,168


 
$
7,457


 
$
(1,715
)
 
$
5,742


Distribution agreement(1)
8 years
 
4,448


 
(1,365
)
 
3,083


 
4,448


 
(1,023
)
 
3,425


Trademarks(1)
8 years
 
3,024


 
(928
)
 
2,096


 
3,024


 
(695
)
 
2,329


Cleviprex milestones(2)
13 years
 
2,000


 
(107
)
 
1,893


 
2,000


 
(71
)
 
1,929


Total
9 years
 
$
16,929


 
$
(4,689
)
 
$
12,240


 
$
16,929


 
$
(3,504
)
 
$
13,425




(1)
The Company amortizes intangible assets related to Angiox based on the ratio of annual forecasted revenue compared to total forecasted revenue from the sale of Angiox through the end of its patent life.


(2)
The Company amortizes intangible assets related to the Cleviprex approval over the remaining life of the patent.


Schedule of Indefinite-lived Intangible Assets by Major Class [Table Text Block]
The following information details the carrying amounts of the Company's intangible assets not subject to amortization:


 
As of June 30, 2011
 
As of December 31, 2010
 
Gross
Carrying
Amount
 
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
(in thousands)
Intangible assets not subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
In-process research and development
$
69,500


 


 
$
69,500


 
$
69,500


 


 
$
69,500


Total
$
69,500


 


 
$
69,500


 
$
69,500


 


 
$
69,500


Schedule of Goodwill [Table Text Block]
The changes in goodwill for the six months ended June 30, 2011 and for the year ended December 31, 2010 are as follows:


 
June 30,

2011
 
December 31,

2010
 
(in thousands)
Balance at beginning of period
$
14,671


 
$
14,934


Adjustment to goodwill


 
(263
)
Balance at end of period
$
14,671


 
$
14,671