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Unaudited Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Collaboration revenue $ 1,661 $ 28,198 $ 3,323 $ 43,919
Operating expenses:        
Research and development 15,657 48,262 47,636 86,032
General and administrative 8,552 10,489 21,711 25,185
Total operating expenses 24,209 58,751 69,347 111,217
Loss from operations (22,548) (30,553) (66,024) (67,298)
Interest income 344 446 722 892
Other loss (1) (98) (22) (68)
Loss before income tax provision (benefit) (22,205) (30,205) (65,324) (66,474)
Income tax provision (benefit) (1) (260) 2 (228)
Net loss $ (22,204) $ (29,945) $ (65,326) $ (66,246)
Net loss per common share:        
Basic and diluted (in dollars per share) $ (0.62) $ (0.85) $ (1.82) $ (1.88)
Weighted average common shares outstanding:        
Basic and diluted (in shares) 35,858 35,392 35,831 35,324