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Condensed Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue:        
Product sales $ 1,293,613 $ 646,173 $ 1,939,760 $ 1,293,488
Royalties 146,606 405,029 495,350 919,226
Licensing revenue 262,689 705,162 525,378 1,267,851
Development fees and other 484,296 239,649 649,924 478,623
Tarsa revenue 550,328 473,039 878,403 635,673
2,737,532 2,469,052 4,488,815 4,594,861
Operating expenses:        
Research and development 1,379,374 2,098,159 2,638,033 4,519,287
Cost of goods sold 452,072 270,642 698,430 535,540
General and administrative 2,164,596 2,321,237 4,258,016 4,644,895
Unallocated facility expenses 678,286 849,116 1,537,399 1,599,173
4,674,328 5,539,154 9,131,878 11,298,895
Operating loss (1,936,796) (3,070,102) (4,643,063) (6,704,034)
Other income (expense):        
Gain (loss) on change in fair value of embedded conversion feature (5,430,000) 10,670,000 (2,510,000) (15,770,000)
Interest and other income 2,584 23,359 83,018 51,054
Interest expense (3,281,755) (2,689,702) (6,148,758) (5,128,242)
Loss from investment in former China joint venture (600,000) (1,073,071) (600,000) (1,375,926)
Loss from investment in Tarsa   (1,518,000) (650,571) (1,518,000)
Income (loss) before income taxes (11,245,967) 2,342,484 (14,469,374) (30,445,148)
Income tax benefit from refund of federal tax credits     26,758  
Net income (loss) $ (11,245,967) $ 2,342,484 $ (14,442,616) $ (30,445,148)
Net income (loss) per share – basic (in Dollars per share) $ (0.12) $ 0.03 $ (0.15) $ (0.33)
Net income (loss) per share – diluted (in Dollars per share) $ (0.12) $ 0.02 $ (0.15) $ (0.33)
Weighted average number of shares outstanding - basic (in Shares) 95,361,740 92,534,316 95,338,282 92,497,652
Weighted average number of shares outstanding - diluted (in Shares) 95,361,740 95,176,397 95,338,282 92,497,652