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Condensed Statements of Operations and Comprehensive Loss (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
OPERATING EXPENSES:        
Research and development $ 15,543 $ 14,173 $ 49,070 $ 38,539
General and administrative 1,621 1,918 4,643 6,209
Loss from operations (17,164) (16,091) (53,713) (44,748)
OTHER (EXPENSE) INCOME:        
Other (expense) income, net (2,607) (604) 7,465 (1,788)
Interest income 11 18 27 53
Interest expense (582) (853) (1,938) (1,880)
NET LOSS (20,342) (17,530) (48,159) (48,363)
OTHER COMPREHENSIVE LOSS, NET OF TAX:        
Unrealized gain from available-for-sale securities (3) (7)   (2)
COMPREHENSIVE LOSS (20,345) (17,537) (48,159) (48,365)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED (Note 10): $ (25,090) $ (21,090) $ (60,857) $ (58,733)
LOSS PER SHARE:        
Basic (in dollars per share) $ (28.53) $ (24.53) $ (69.77) $ (70.76)
Diluted (in dollars per share) $ (28.53) $ (24.53) $ (69.77) $ (70.76)
WEIGHTED AVERAGE SHARES:        
Basic (in shares) 879,370 859,769 872,195 830,068
Diluted (in shares) 879,370 859,769 872,195 830,068