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Segment Reporting
6 Months Ended
Jun. 30, 2011
Segment Reporting  
Segment Reporting

12. Segment Reporting

 

Prior to the sale of its interest in Microbia in September 2010, the Company had two reportable business segments: human therapeutics and biomanufacturing. The Company has no inter-segment revenues.

 

The following table reports revenue and loss from operations for the Company’s reportable segments for the three and six months ended June 30, 2011 and 2010 (in thousands):

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

Revenue:

 

 

 

 

 

 

 

 

 

Human therapeutics

 

$

11,262

 

$

9,188

 

$

21,499

 

$

18,026

 

Biomanufacturing (included in discontinued operations)

 

—

 

1,771

 

—

 

1,985

 

Total

 

$

11,262

 

$

10,959

 

$

21,499

 

$

20,011

 

Loss from operations:

 

 

 

 

 

 

 

 

 

Human therapeutics

 

$

(18,952

)

$

(17,310

)

$

(37,494

)

$

(31,806

)

Biomanufacturing (included in discontinued operations)

 

—

 

(9

)

—

 

(1,741

)

Total

 

$

(18,952

)

$

(17,319

)

$

(37,494

)

$

(33,547

)

 

 

 

June 30,
2011

 

December 31,
2010

 

Total assets:

 

 

 

 

 

Human therapeutics

 

$

249,727

 

$

301,365

 

Biomanufacturing (included in discontinued operations)

 

—

 

—

 

Total

 

$

249,727

 

$

301,365

 

 

At June 30, 2011 and December 31, 2010, all of the Company’s accounts receivable related to the human therapeutics segment.