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Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Statements of Operations        
Collaboration revenue $ 1,597   $ 43,275  
Costs and expenses:        
Research and development 32,059 $ 34,707 56,616 $ 49,084
General and administrative 11,959 7,570 21,543 13,919
Total costs and expenses 44,018 42,277 78,159 63,003
Loss from operations (42,421) (42,277) (34,884) (63,003)
Interest income 218 72 291 116
Loss before income tax provision (42,203) (42,205) (34,593) (62,887)
Income tax (benefit) provision (5,072) 30,785 (4,098) 30,785
Net loss $ (37,131) $ (72,990) $ (30,495) $ (93,672)
Net loss per common share:        
Basic and diluted (in dollars per share) $ (1.08) $ (2.19) $ (0.89) $ (2.85)
Weighted average common shares outstanding:        
Basic and diluted (in shares) 34,353 33,373 34,254 32,830