XML 27 R16.htm IDEA: XBRL DOCUMENT

Related-Party Transactions	3 Months Ended
Related-Party Transactions	Mar. 31, 2016
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions In August 2015, the Company entered into a research collaboration agreement with GrayBug, Inc. (“GrayBug”). The collaboration is focused on researching the potential use of Graybug’s biodegradable polymer technology to deliver certain of the Company’s preclinical stage molecules to the back of the eye over a sustained period of time. The Board of Directors of the Company and that of GrayBug have a common Board member. This Board member did not participate in any deliberations associated with this transaction.