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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended 86 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Costs and Expenses:        
Research and development $ 29,294 $ 13,419 $ 9,559 $ 57,707
Purchased in-process research and development 1,000     29,157
General and administrative 7,941 6,745 6,562 27,585
Loss from Operations (38,235) (20,164) (16,121) (114,449)
Other Income /(Loss)        
Interest and investment income 218 90 109 496
Interest expense   (12)   (12)
Other income 506 362 494 1,363
Change in fair value of derivative instruments-warrants (1,933) 5,257 297 3,621
Total Other Income/(loss) (1,209) 5,697 900 5,468
Loss from Continuing Operations (39,444) (14,467) (15,221) (108,981)
Loss from discontinued operations       (72)
Net loss $ (39,444) $ (14,467) $ (15,221) $ (109,053)
Weighted Average Common Shares Outstanding, Basic and Diluted (restated for stock split) (in shares) 61,702,277 47,598,240 44,875,356  
Net Loss per Common Share, Basic and Diluted        
Net Loss per Common Share, Basic and Diluted (in dollars per share) $ (0.64) $ (0.30) $ (0.34)