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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities:      
Net loss $ (23,509) $ (2,232) $ (5,100)
Adjustments to reconcile net loss tonet cash (used in) provided by operating activities:      
Depreciation and amortization 193 484 732
Amortization of intangible assets 111 111 111
Noncash interest expense 22 0  
Amortization of premium on marketable securities 237 429 375
Stock based compensation expense 821 221 299
Gains on disposal of fixed assets (146)   (4)
Change in fair value of preferred stock warrant liabilities (39) 48 (2)
Changes in operating assets and liabilities:      
Contract receivables 90 332 (509)
Prepaid expenses and other current assets (291) (11) (102)
Accounts payable 2,007 (908) 487
Accrued compensation (205) 95 107
Deferred revenue (5,630) (13,977) 19,607
Accrued research and clinical liabilities 2,459 45 (1,072)
Other liabilities 27 11 (257)
Deferred rent (53) 22 (271)
Net cash (used in) provided by operating activities (23,906) (15,330) 14,401
Investing activities:      
Purchases of property and equipment (20) (463) (68)
Proceeds from sale of property and equipment 170    
Purchases of marketable securities (25,507) (26,974) (59,344)
Proceeds from maturities of marketable securities 30,432 36,891 49,225
Changes in restricted cash   278 (183)
Net cash provided by (used in) investing activities 5,075 9,732 (10,370)
Financing activities:      
Payments of deferred offering costs (2,329)    
Proceeds from issuance of debt 9,840    
Proceeds from issuances of Series E preferred stock, net 18,845    
Proceeds from issuances of common stock 84 34 119
Net cash provided by financing activities 26,440 34 119
Net increase (decrease) in cash and cash equivalents 7,609 (5,564) 4,150
Cash and cash equivalents, beginning of period 3,338 8,902 4,752
Cash and cash equivalents, end of period 10,947 3,338 8,902
Supplemental cash flow disclosure:      
Cash paid for interest 109    
Supplemental disclosure of noncash investing and financing activities:      
Warrant issued upon issuance of note payable $ 79