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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 38 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Consolidated Statements of Operations and Comprehensive Loss [Abstract]          
Revenues               
Operating Expenses:          
Research and development 12,590 9,679 25,152 16,720 89,963
General and administrative 2,680 1,705 5,105 3,110 18,476
Acquired in-process research and development 250 7,000 4,250 7,000 36,335
Operating loss (15,520) (18,384) (34,507) (26,830) (144,774)
Other income (expense), net (172) (115) (176) 3 (381)
Loss before income taxes (15,692) (18,499) (34,683) (26,827) (145,155)
Income taxes 35   27    
Net loss (15,657) (18,499) (34,656) (26,827) (145,155)
Basic and diluted net loss per common share $ (0.61) $ (14.32) $ (1.45) $ (21.07) $ (26.14)
Basic and diluted weighted average common shares outstanding 25,744 1,292 23,892 1,273 5,552
Comprehensive loss $ (15,661) $ (18,514) $ (34,658) $ (26,848) $ (145,108)