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Condensed Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
OPERATING EXPENSES:        
Research and development $ 26,891 $ 16,278 $ 54,374 $ 27,837
General and administrative 17,193 6,000 30,839 10,756
Loss from operations (44,084) (22,278) (85,213) (38,593)
OTHER (EXPENSE) INCOME:        
Other (expense) income, net (95) (78) (96) (128)
Interest income 744 185 1,411 290
Interest expense 0 (794) 0 (1,591)
NET LOSS (43,435) (22,965) (83,898) (40,022)
OTHER COMPREHENSIVE LOSS, NET OF TAX:        
Unrealized (loss) gain from available-for-sale securities (49) (31) 183 31
COMPREHENSIVE LOSS (43,484) (22,996) (83,715) (39,991)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED (Note 10) $ (43,435) $ (22,965) $ (83,898) $ (40,022)
LOSS PER SHARE:        
Basic and diluted (in dollars per share) $ (1.01) $ (0.61) $ (1.95) $ (1.08)
WEIGHTED AVERAGE SHARES:        
Basic and diluted (in shares) 43,042,883 37,895,651 43,027,903 37,089,642