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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 29,442 $ 30,075
Marketable securities 25,697 9,650
Prepaid expenses and other current assets 803 561
Total current assets 55,942 40,286
Property and equipment, net 1,205 1,407
Other assets 466 631
Total assets 57,613 42,324
Current liabilities:    
Accounts payable 3,690 3,467
Accrued contract research costs 3,719 2,841
Other accrued liabilities 3,643 4,594
Current portion of capital lease obligations 13 12
Current portion of term loans 7,900 4,234
Total current liabilities 18,965 15,148
Long-term liabilities:    
Capital lease obligations, net of current portion 4 14
Term loans, net of current portion 6,454 12,388
Total long-term liabilities 6,458 12,402
Total liabilities 25,423 27,550
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 5,000,000 shares at September 30, 2012 and December 31, 2011; no shares issued and outstanding at September 30, 2012 and December 31, 2011      
Common stock, par value $0.0001 per share Authorized: 100,000,000 shares at September 30, 2012 and December 31, 2011; 61,881,097 and 49,539,808 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively 6 5
Additional paid-in-capital 475,273 413,196
Accumulated other comprehensive income 8 3
Accumulated deficit (443,097) (398,430)
Total stockholders' equity 32,190 14,774
Total liabilities and stockholders' equity $ 57,613 $ 42,324