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Statements of Operations (USD $)
12 Months Ended 74 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
Revenues $ 3,949,911 $ 2,481,489 $ 1,464,346 $ 10,398,149
Costs and Expenses        
Research and development 24,121,766 24,354,224 15,508,209 79,685,683
Selling, general and administrative 7,130,530 7,453,830 7,694,566 35,822,030
Impairment loss 78,000,000 1,769,480 0 79,769,480
Total Costs and Expenses 109,252,296 33,577,534 23,202,775 195,277,193
Loss from Operations (105,302,385) (31,096,045) (21,738,429) (184,879,044)
Other Income/(Expense)        
Interest expense (113,471) 0 0 (1,200,764)
Interest income 52,915 42,756 531,697 4,471,141
Contract cancellation loss (590,774) 0 0 (590,774)
Realized gain on investments 0 192 59,383 27,472
Realized gain (loss) on forward contracts 63,915 0 (1,128,326) (1,430,766)
Unrealized gain on forward contracts 0 0 766,403 0
Foreign currency transaction gain (loss) 145,940 (180,621) 586,555 595,799
Total Other Income/(Expense) (441,475) (137,673) 815,712 1,872,108
Net Loss $ (105,743,860) $ (31,233,718) $ (20,922,717) $ (183,006,936)
Net Loss Per Share (Basic and diluted) $ (3.02) $ (1.14) $ (0.93)  
Weighted Average Common Shares Outstanding (Basic and diluted) 34,985,914 27,506,007 22,432,803