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Condensed Statements of Operations and Comprehensive Loss (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
OPERATING EXPENSES:        
Research and development $ 16,240 $ 14,499 $ 33,527 $ 24,366
General and administrative 1,444 2,179 3,022 4,291
Loss from operations (17,684) (16,678) (36,549) (28,657)
OTHER (EXPENSE) INCOME:        
Other (expense) income, net (1,184) (717) 10,072 (1,184)
Interest income 14 18 16 35
Interest expense (658) (584) (1,356) (1,027)
NET LOSS (19,512) (17,961) (27,817) (30,833)
OTHER COMPREHENSIVE LOSS, NET OF TAX:        
Unrealized gain from available-for-sale securities 3 6 3 5
COMPREHENSIVE LOSS (19,509) (17,955) (27,814) (30,828)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED (Note 10): $ (23,880) $ (21,417) $ (35,767) $ (37,643)
LOSS PER SHARE:        
Basic (in dollars per share) $ (27.45) $ (25.06) $ (41.18) $ (46.18)
Diluted (in dollars per share) $ (27.45) $ (25.06) $ (41.18) $ (46.18)
WEIGHTED AVERAGE SHARES:        
Basic (in shares) 869,878 854,517 868,548 815,053
Diluted (in shares) 869,878 854,517 868,548 815,053