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Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING EXPENSES:      
Research and development $ 68,280 $ 45,719 $ 60,536
General and administrative 30,797 13,674 6,829
Loss from operations (99,077) (59,393) (67,365)
OTHER INCOME (EXPENSE) :      
Other (expense) income, net (35) (510) 9,085
Loss on retirement of note payable (1,572) (203)  
Interest income 1,043 94 30
Interest expense (1,885) (2,467) (2,440)
NET LOSS (101,526) (62,479) (60,690)
OTHER COMPREHENSIVE INCOME, NET OF TAX:      
Unrealized gain (loss) from marketable securities 26 (21)  
COMPREHENSIVE LOSS (101,500) (62,500) (60,690)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED (Note 12) $ (101,526) $ (71,479) $ (78,161)
LOSS PER SHARE:      
Basic and diluted (in dollars per share) $ (2.56) $ (4.04) $ (203.91)
WEIGHTED AVERAGE SHARES:      
Basic and diluted (in shares) 39,643,099 17,699,487 383,310