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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Costs and Expenses:    
Research and development $ 18,198us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 13,299us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
General and administrative 4,606us-gaap_GeneralAndAdministrativeExpense 3,178us-gaap_GeneralAndAdministrativeExpense
Loss from Operations (22,804)us-gaap_OperatingIncomeLoss (16,477)us-gaap_OperatingIncomeLoss
Other Income/(Loss)    
Amortization of deferred financing costs (617)us-gaap_AmortizationOfFinancingCosts  
Interest and investment income/ (expense), net (includes interest expense of $3,750 on Senior Convertible Debentures for the three months ended March 31, 2015 (3,700)us-gaap_InvestmentIncomeNet 29us-gaap_InvestmentIncomeNet
Change in fair value of derivative instruments-warrants (268)us-gaap_UnrealizedGainLossOnDerivatives 223us-gaap_UnrealizedGainLossOnDerivatives
Total Other Income/(Loss) (4,585)us-gaap_NonoperatingIncomeExpense 252us-gaap_NonoperatingIncomeExpense
Net loss $ (27,389)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (16,225)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Weighted Average Common Shares Outstanding    
Basic and Diluted (in shares) 96,683,525us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 92,056,124us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Net Loss per Common Share, Basic and Diluted    
Net Loss per Common Share, Basic and Diluted (in dollars per share) $ (0.28)us-gaap_EarningsPerShareBasicAndDiluted $ (0.18)us-gaap_EarningsPerShareBasicAndDiluted