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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 96,811 $ 48,490
Marketable securities 15,249 42,986
Prepaid expenses and other current assets 2,264 765
Total current assets 114,324 92,241
Property and equipment, net 1,264 1,553
Other assets 358 1,409
Total assets 115,946 95,203
Current liabilities:    
Accounts payable 5,226 6,589
Accrued contract research costs 12,987 10,407
Other accrued liabilities 5,212 5,718
Current portion of capital lease obligations 41 42
Current portion of term loans 9,200 9,451
Total current liabilities 32,666 32,207
Long-term liabilities:    
Capital lease obligations, net of current portion 65 85
Term loans, net of current portion 9,217 13,820
Total long-term liabilities 9,282 13,905
Total liabilities 41,948 46,112
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 5,000,000 shares at June 30, 2014 and December 31, 2013; no shares issued and outstanding at June 30, 2014 and December 31, 2013      
Common stock, par value $0.0001 per share Authorized: 200,000,000 shares at June 30, 2014 and December 31, 2013; 101,309,750 and 85,232,506 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 10 9
Additional paid-in-capital 671,240 600,477
Accumulated other comprehensive income 3 17
Accumulated deficit (597,255) (551,412)
Total stockholders' equity 73,998 49,091
Total liabilities and stockholders' equity $ 115,946 $ 95,203