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Condensed Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
OPERATING EXPENSES:        
Research and development $ 27,453 $ 18,217 $ 81,827 $ 46,054
General and administrative 19,240 8,456 50,079 19,212
Loss from operations (46,693) (26,673) (131,906) (65,266)
OTHER (EXPENSE) INCOME:        
Other (expense) income, net (78) 1 (174) (127)
Loss on retirement of note payable 0 (1,572) 0 (1,572)
Interest income 585 274 1,996 564
Interest expense 0 (294) 0 (1,885)
NET LOSS (46,186) (28,264) (130,084) (68,286)
OTHER COMPREHENSIVE LOSS, NET OF TAX:        
Unrealized (loss) gain from available-for-sale securities (136) 89 47 120
COMPREHENSIVE LOSS (46,322) (28,175) (130,037) (68,166)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED $ (46,186) $ (28,264) $ (130,084) $ (68,286)
LOSS PER SHARE:        
Basic and diluted (in dollars per share) $ (1.07) $ (0.68) $ (3.02) $ (1.77)
WEIGHTED AVERAGE SHARES:        
Basic and diluted (in shares) 43,092,921 41,331,612 43,049,734 38,525,827