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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities:          
Net loss: $ (11,812) $ (3,894) $ (2,232) $ (5,100) $ (26,805)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Depreciation and amortization 147 413 484 732 733
Amortization of intangible assets 83 83 111 111 111
Non cash interest expense 9        
Amortization of premium on marketable securities 172 348 429 375 121
Stock-based compensation expense 616 166 221 299 345
Gains on disposal of fixed assets (146)     (4)  
Change in fair value of preferred stock warrant liabilities 388   48 (2) (348)
Changes in operating assets and liabilities          
Contracts receivable 108 181 332 (509) (28)
Interest receivable (4)   109 (24) 283
Prepaid expenses and other current assets (304) (4) (120) (78) 18
Accounts payable 1,817 (775) (908) 487 (481)
Accrued compensation (430) 375 95 107 6
Deferred revenue (5,630) (8,286) (13,977) 19,607 (289)
Accrued research and clinical liabilities (289) 781 45 (1,072) 1,312
Other liabilities (39) (103) 11 (257) 156
Deferred rent (34) 11 22 (271) (153)
Net cash provided by (used in) operating activities (15,348) (10,704) (15,330) 14,401 (25,019)
Investing activities:          
Purchases of property and equipment   (457) (463) (68) (293)
Proceeds from sale of property and equipment 170        
Purchases of marketable securities (23,652) (24,263) (26,974) (59,344) (28,497)
Proceeds from maturities of marketable securities 19,680 32,180 36,891 49,225 33,955
Changes in restricted cash   278 278 (183)  
Net cash provided by (used in) investing activities (3,802) 7,738 9,732 (10,370) 5,165
Financing activities:          
Proceeds from issuances of common stock 54 88 34 119 7
Proceeds from issuances of convertible preferred stock, net 18,845       4,991
Proceeds from issuances of debt, net 4,840        
Payments of deferred offering costs (1,510)        
Payment for repurchase of common stock         (10)
Net cash provided by financing activities 22,229 88 34 119 4,988
Net increase (decrease) in cash and cash equivalents 3,079 (2,878) (5,564) 4,150 (14,866)
Cash and cash equivalents, beginning of period 3,338 8,902 8,902 4,752 19,618
Cash and cash equivalents, end of period 6,417 6,024 3,338 8,902 4,752
Supplemental disclosure of non cash investing and financing activities:          
Warrant issued in connection with note payable $ 79