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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues        
Net product revenue (Note 8) $ 8,908 $ 8,780 $ 14,498 $ 19,250
Royalties 3,777 3,596 7,087 6,842
Revenues 12,685 12,376 21,585 26,092
Costs and expenses        
Cost of sales 3,411 3,392 4,749 9,944
Research and development 11,319 7,329 21,053 14,676
Selling, general and administrative 6,259 5,034 13,356 9,884
Depreciation 370 303 711 614
Costs and expenses 21,359 16,058 39,869 35,118
Operating loss (8,674) (3,682) (18,284) (9,026)
Investment and other income        
Net foreign exchange gains (losses) 58 (972) 337 (331)
Interest income 178 515 388 997
Fair value change in contingent consideration 2,753 2,519 5,036 4,961
Other gains 9 366 9 366
Investment and other income 2,998 2,428 5,770 5,993
Loss before income taxes (5,676) (1,254) (12,514) (3,033)
(Provision for) recovery of income taxes (Note 10) (469) 239 (2,179) 5,421
Net (loss) income $ (6,145) $ (1,015) $ (14,693) $ 2,388
Basic and diluted net (loss) income per common share $ (0.12) $ (0.02) $ (0.29) $ 0.04
Weighted average number of common shares outstanding (thousands)        
Basic 50,521 53,009 50,772 53,363
Diluted 50,521 53,009 50,772 54,259