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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 revenue $ 26,554 $ 15,622 $ 160,168 $ 26,503
Operating expenses:        
Research and development 25,078 25,997 63,095 48,615
General and administrative 6,371 3,835 15,599 6,588
Operating Expenses, Total 31,449 29,832 78,694 55,203
Income (loss) from operations (4,895) (14,210) 81,474 (28,700)
Other income and expense:        
Other income (expense), net 11 (582) (45) 130
Interest expense (946) (725) (1,958) (1,332)
Interest income 99 28 164 35
Other (expense) income, net (836) (1,279) (1,839) (1,167)
Net income (loss) $ (5,731) $ (15,489) $ 79,635 $ (29,867)
Basic net income (loss) per share        
Net income (loss) $ (0.16) $ (0.50) $ 2.19 $ (1.60)
Weighted average number of common shares outstanding 36,849 30,822 36,318 18,649
Diluted net income (loss) per share        
Net income (loss) $ (0.16) $ (0.50) $ 2.09 $ (1.60)
Weighted average number of common shares and dilutive common share equivalents outstanding 36,849 30,822 38,120 18,649