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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Collaboration revenues:        
Product revenue $ 83,848   $ 159,608  
Research and development revenue 3,648 2,795 6,060 6,485
Total collaboration revenue 87,496 2,795 165,668 6,485
Operating expenses:        
Research and development 14,168 11,778 27,111 24,033
General and administrative 9,205 5,959 17,515 13,434
Total operating expenses 23,373 17,737 44,626 37,467
Operating income (loss) 64,123 (14,942) 121,042 (30,982)
Other income (expense):        
Interest income 176 26 304 86
Interest expense (34) (88) (75) (192)
Total other income (expense) 142 (62) 229 (106)
Net income (loss) $ 64,265 $ (15,004) $ 121,271 $ (31,088)
Net income (loss) per share:        
Basic (in dollars per share) $ 1.29 $ (0.34) $ 2.44 $ (0.71)
Diluted (in dollars per share) $ 1.26 $ (0.34) $ 2.39 $ (0.71)
Weighted average shares outstanding:        
Basic (in shares) 49,708 44,069 49,620 43,911
Diluted (in shares) 51,001 44,069 50,668 43,911