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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Costs and Expenses:        
Research and development $ 19,525 $ 24,479 $ 37,723 $ 37,778
General and administrative 7,394 2,279 12,000 5,457
Loss from Operations (26,919) (26,758) (49,723) (43,235)
Other Income/(Loss)        
Interest and investment income/(expense), net (includes interest expense of $3,388 and $7,139 on Senior Convertible Debentures and $1,899 and $2,516 in amortization of deferred financing costs for the three and six months ended June 30, 2015) (5,207) (1) (9,524) 28
State R&D tax credits   83   83
Change in fair value of derivative instruments-warrants (1,542) 756 (1,810) 979
Total Other Income/(Loss) (6,749) 838 (11,334) 1,090
Net Loss $ (33,668) $ (25,920) $ (61,057) $ (42,145)
Weighted Average Common Shares Outstanding        
Basic and Diluted (in shares) 100,343,637 94,069,703 98,523,696 93,068,476
Net Loss per Common Share, Basic and Diluted        
Net Loss per Common Share, Basic and Diluted (in dollars per share) $ (0.34) $ (0.28) $ (0.62) $ (0.45)