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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Expenses      
Research and development $ 68,487 $ 48,959 $ 26,071
General and administrative 15,292 15,755 12,699
Restructuring costs 0 0 334
Total operating expenses 83,779 64,714 39,104
Loss from operations (83,779) (64,714) (39,104)
Other income (expense), net 661 170 (77)
Change in fair value of warrant liability 0 0 (4,517)
Loss before income taxes (83,118) (64,544) (43,698)
Income tax benefit 0 0 0
Net loss (83,118) (64,544) (43,698)
Unrealized gain (loss) on available-for-sale investments 25 (37) (14)
Comprehensive loss $ (83,143) $ (64,507) $ (43,684)
Loss per share, basic (in US$ per share) $ (4.20) $ (3.82)  
Basic and diluted net loss per share (in dollars per share)     $ (3.24)
Weighted average number of shares used in computing net loss per share, basic and diluted (in shares) 19,787,349 16,901,826 13,483,467