Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 2011

Intangible Assets and Goodwill [Abstract]

Intangible assets by category

	Gross					Intangible		Weighted
	Carrying		Accumulated			Assets,		Average
June 30, 2011	Value		Amortization			Net		Life (Years)
Amortizable intangible assets:
Acquired developed product rights	$	2,186,000	$	(519,547	)	$	1,666,453		11.9
Licenses		64,250		(4,190	)		60,060		16.8
Technology and other		43,178		(8,325	)		34,853		9.4
		2,293,428		(532,062	)		1,761,366		11.9
Nonamortized intangible assets:
Acquired IPR&D product rights		1,234,000		—			1,234,000
Total intangible assets	$	3,527,428	$	(532,062	)	$	2,995,366

	Gross					Intangible		Weighted
	Carrying		Accumulated			Assets,		Average
December 31, 2010	Value		Amortization			Net		Life (Years)
Amortizable intangible assets:
Acquired developed product rights	$	1,897,000	$	(384,891	)	$	1,512,109		12.3
Licenses		64,250		(2,271	)		61,979		16.8
Technology and other		40,601		(5,191	)		35,410		8.8
		2,001,851		(392,353	)		1,609,498		12.4
Nonamortized intangible assets:
Acquired IPR&D product rights		1,639,000		—			1,639,000
Total intangible assets	$	3,640,851	$	(392,353	)	$	3,248,498

Change in carrying value of goodwill

Balance at December 31, 2010	$	1,896,344
Tax benefit on the exercise of Pharmion converted stock options		(119	)
Balance at June 30, 2011	$	1,896,225