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Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Statements of Operations      
Collaboration revenue $ 51,505 $ 41,259  
Operating expenses:      
Research and development 131,012 88,385 $ 33,215
General and administrative 44,021 33,387 14,210
Total operating expenses 175,033 121,772 47,425
Income (loss) from operations (123,528) (80,513) (47,425)
Interest income (expense) 971 217 (1,454)
Loss on extinguishment of debt     (1,091)
Other income (loss) 53   (1,175)
Loss before income tax provision (122,504) (80,296) (51,145)
Income tax (benefit) provision (16,787) 36,476  
Net loss (105,717) (116,772) (51,145)
Add: accretion of preferred stock dividends     (5,891)
Net loss attributable to common stockholders $ (105,717) $ (116,772) $ (57,036)
Net loss per common share:      
Basic and diluted (in dollars per share) $ (3.06) $ (3.51) $ (6.34)
Weighted average common shares outstanding:      
Basic and diluted (in shares) 34,580 33,258 9,003