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Statements of Cash Flows(USD ($))
In Thousands, unless otherwise specified
12 Months Ended 96 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Cash flows from operating activities:        
Net loss $ (24,534) $ (23,187) $ (24,357) $ (121,136)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation expense 103 78 47 358
Loss on asset disposal 5     29
Increase in fair value of warrants 1,287     1,287
Loss on debt extinguishment 799     799
Cash paid for interest on debt extinguishment (350)     (350)
Acquired in-process research and development       5,500
Stock-based compensation 2,623 1,216 543 4,971
Noncash interest expense 243 291 3,336 5,758
Changes in operating assets and liabilities:        
Prepaid expenses and other assets 317 1,071 300 964
Accounts payable (1,167) 769 (266) 800
Accrued expenses 60 (1,155) 1,993 2,057
Net cash used in operating activities (20,614) (20,917) (18,404) (98,963)
Cash flows from investing activities:        
Purchase of in-process research and development       (5,500)
Payments under equipment funding agreement   (3,353) (3,410) (6,763)
Purchases of property and equipment (477) (193) (75) (968)
Net cash used in investing activities (477) (3,546) (3,485) (13,231)
Cash flows from financing activities:        
Proceeds from issuance of debt 8,500 10,000 5,000 26,000
Proceeds from convertible notes     10,063 14,467
Payment of debt issuance costs (103) (76) (174) (428)
Repayment of debt (14,139) (1,725) (988) (18,788)
Proceeds from sale of preferred stock, net 26,287     69,863
Proceeds from sale of common stock, net 57 405 42,979 43,650
Net cash provided by financing activities 20,602 8,604 56,880 134,764
Net increase (decrease) in cash and cash equivalents (489) (15,859) 34,991 22,570
Cash and cash equivalents, beginning of period 23,059 38,918 3,927  
Cash and cash equivalents, end of period 22,570 23,059 38,918 22,570
Noncash investing and financing activities:        
Conversion of note principal and accrued interest to redeemable convertible preferred stock       4,547
Conversion of note principal and accrued interest to common stock     10,337 10,337
Conversion of preferred stock plus accrued dividends to common stock     58,072 58,072
Reclassification of warrant liability     1,113 1,113
Fair value of warrants issued in connection with loan facilities 213 272   485
Fair value of warrants issued in connection with equity financing and loan modification 14,949     14,949
Financing arrangement with third party vendors   401 386 991
Accretion of redeemable convertible preferred stock     (2,536) 9,948
Deemed dividend-beneficial conversion feature 13,250     13,250
Cash paid for interest $ 1,267 $ 1,108 $ 381 $ 3,277