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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
Collaboration revenue $ 14,079 $ 25,031 $ 19,792
Research and license fees   390 389
Total revenue 14,079 25,421 20,181
Operating expenses:      
Research and development 134,038 62,574 31,002
General and administrative 46,209 23,227 14,126
Change in fair value of contingent consideration 2,869 246  
Total operating expenses 183,116 86,047 45,128
Loss from operations (169,037) (60,626) (24,947)
Other income (expense), net:      
Interest income, net 1,591 152 29
Other income (expense), net 723 (32) (403)
Total other income (expense), net 2,314 120 (374)
Loss before income taxes (166,723) (60,506) (25,321)
Income tax (expense) benefit (60) 11,797  
Net loss $ (166,783) $ (48,709) $ (25,321)
Net loss per share - basic and diluted $ (4.81) $ (1.83) $ (2.02)
Weighted-average number of common shares used in computing net loss per share - basic and diluted 34,669 26,546 12,555
Other comprehensive income (loss):      
Unrealized loss on available-for-sale securities, net of tax $ (2,220) $ (71)  
Total other comprehensive loss (2,220) (71)  
Comprehensive loss $ (169,003) $ (48,780) $ (25,321)