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Loan and Security Agreement - Narrative (Details) - 2022 Term Loan - USD ($)
1 Months Ended
Jul. 26, 2022
Dec. 31, 2022
Debt Instrument [Line Items]    
Lenders option to invest in equity financing $ 10,000,000  
Net cash proceeds 75,000,000  
Line of Credit    
Debt Instrument [Line Items]    
Aggregate principal amount (up to) $ 250,000,000  
Capped interest rate per annum 10.25%  
Interest-only payment, period 42 months  
Covenant revenue from sale, maintained market capitalization $ 600,000,000  
End term charges percentage 4.25%  
Prepayment penalty prior first year 2.00%  
Prepayment penalty second year 1.50%  
Prepayment penalty thereafter 0.75%  
Line of Credit | Minimum    
Debt Instrument [Line Items]    
Qualified Cash percent 50.00%  
Line of Credit | Maximum    
Debt Instrument [Line Items]    
Qualified Cash percent 90.00%  
Line of Credit | The Wall Street Journal prime rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 6.25%  
Line of Credit | The Wall Street Journal prime rate | Minimum    
Debt Instrument [Line Items]    
Basis spread on variable rate 4.00%  
Line of Credit | The Wall Street Journal prime rate | Maximum    
Debt Instrument [Line Items]    
Basis spread on variable rate 8.75%  
Line of Credit | On Closing Date    
Debt Instrument [Line Items]    
Aggregate principal amount (up to) $ 50,000,000  
Line of Credit | Milestone 1 is achieved through December 15, 2022    
Debt Instrument [Line Items]    
Aggregate principal amount (up to) 50,000,000  
Proceeds from Lines of Credit   $ 50,000,000
Line of Credit | Milestone 2 is achieved through September 30, 2023    
Debt Instrument [Line Items]    
Aggregate principal amount (up to) 25,000,000  
Drawn down increments at company's election 5,000,000  
Line of Credit | Milestone 3 is achieved    
Debt Instrument [Line Items]    
Aggregate principal amount (up to) 75,000,000  
Drawn down increments at company's election 5,000,000  
Line of Credit | Subject to FDA approval of Zimura in GA    
Debt Instrument [Line Items]    
Aggregate principal amount (up to) 50,000,000  
Drawn down increments at company's election 5,000,000  
Convertible Notes    
Debt Instrument [Line Items]    
Aggregate principal amount (up to) $ 400,000,000  
Convertible Notes | Minimum    
Debt Instrument [Line Items]    
Maturity date no earlier than 6 months  
Revolving Credit Facility | Milestone 3 is achieved    
Debt Instrument [Line Items]    
Aggregate principal amount (up to) $ 50,000,000