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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
License and collaboration revenues $ 9,467 $ 0
Total revenue 9,467 0
Expenses    
Research and development 19,659 14,397
General and administrative 5,154 3,693
Total operating expenses 24,813 18,090
Loss from operations (15,346) (18,090)
Other income, net 637 244
Net loss (14,709) (17,846)
Unrealized gain (loss) on available-for-sale investments (288) 71
Comprehensive loss $ (14,997) $ (17,775)
Basic and diluted net loss per share $ (0.51) $ (0.73)
Weighted average number of shares used in computing net loss per share, basic and diluted 28,843,578 24,383,941