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Condensed Statements of Operations and Comprehensive Loss (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Condensed Statements of Operations and Comprehensive Loss        
License income   $ 17,763,000   $ 19,687,000
Sublicense expense   1,760,000   1,936,000
Gross margin   16,003,000   17,751,000
Operating expenses:        
Research and development 7,767,000 8,399,000 17,801,000 14,884,000
General and administrative 3,973,000 2,469,000 7,698,000 4,661,000
Total operating expenses 11,740,000 10,868,000 25,499,000 19,545,000
(Loss) income from operations (11,740,000) 5,135,000 (25,499,000) (1,794,000)
Interest income 35,000   63,000  
Interest expense (553,000) (52,000) (948,000) (104,000)
Warrant and other income (expense), net   (577,000)   (476,000)
Net (loss) income (12,258,000) 4,506,000 (26,384,000) (2,374,000)
Other comprehensive (loss) income:        
Unrealized loss on marketable securities (23,000)   (31,000)  
Comprehensive (loss) income $ (12,281,000) $ 4,506,000 $ (26,415,000) $ (2,374,000)
Per share information:        
Net (loss) income, basic and diluted (in dollars per share) $ (0.67) $ 0.35 $ (1.44) $ (0.18)
Basic and diluted weighted average shares outstanding (in shares) 18,423,000 12,955,000 18,379,000 12,945,000