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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended 94 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Cash Flows From Operating Activities:      
Net loss $ (42,273) $ (27,466) $ (151,326)
Adjustments to reconcile net loss to net cash (used in) operating activities:      
Depreciation 28 2 38
Loss on disposal of property and equipment   2 2
Stock-based compensation expense 3,258 1,345 8,742
Accretion of discount/premium on available-for-sale securities 45 (123) (41)
Purchased in-process research and development     28,157
Change in fair value of derivative instruments-warrants (633) 1,169 (4,254)
Changes in operating assets and liabilities:      
Security deposit   (6) (20)
Accounts payable and accrued expenses 4,575 2,228 11,042
Prepaid expenses and other current assets (3,697) (222) (5,244)
Total Adjustments 3,576 4,395 38,422
Net Cash Used in Operating Activities (38,697) (23,071) (112,904)
Cash Flows From Investing Activities:      
Net liabilities assumed in connection with Exchange Agreement     (155)
Loans to related parties (270) (1,114) (3,576)
Net purchases of available-for-sale securities (50,000) (20,000) (70,000)
Additions to property and equipment (615)   (657)
Net Cash Used in Investing Activities (50,885) (21,114) (74,388)
Cash Flows From Financing Activities:      
Proceeds from sale of common stock 94,734 51,750 211,168
Fees and expenses related to sale of common stock (5,623)   (12,346)
Proceeds from exercise of stock warrants     415
Proceeds from exercise of stock options 119 (3,566) 119
Net Cash Provided by Financing Activities 89,230 48,184 199,356
Net (decrease)/ increase in cash and cash equivalents (352) 3,999 12,064
Cash and cash equivalents at beginning of period 12,416 13,245  
Cash and cash equivalents at end of period 12,064 17,244 12,064
Supplementary disclosure of cash flow information:      
Cash paid for taxes 37 19 177
Supplementary disclosure of non-cash investing and financing activities:      
Value of warrants classified as derivative liability-net (3,575) 169 5,304
Value of common stock issued to induce stockholders to extend lock-up agreements     3,235
Recapitalization of Synergy $ 4,904   $ 4,904