XML 12 R3.htm IDEA: XBRL DOCUMENT  v2.3.0.11
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:        
Collaboration revenue $ 72,460 $ 880 $ 73,543 $ 1,093
Royalty income 527 581 527 1,206
Research grants 1,401 789 2,665 1,433
Other revenues 19 55 60 96
Total revenues 74,407 2,305 76,795 3,828
Expenses:        
Research and development 13,302 10,659 32,481 22,551
License fees - research and development 88 291 452 1,107
General and administrative 4,952 5,680 10,149 12,154
Royalty expense 70 58 127 120
Depreciation and amortization 525 874 1,061 1,751
Total expenses 18,937 17,562 44,270 37,683
Operating income (loss) 55,470 (15,257) 32,525 (33,855)
Other income:        
Interest income 16 16 34 31
Total other income 16 16 34 31
Net income (loss) $ 55,486 $ (15,241) $ 32,559 $ (33,824)
Net income (loss) per share - basic $ 1.66 $ (0.47) $ 0.97 $ (1.05)
Weighted-average shares - basic 33,510 32,396 33,397 32,251
Net income (loss) per share - diluted $ 1.64 $ (0.47) $ 0.97 $ (1.05)
Weighted-average shares - diluted 33,787 32,396 33,567 32,251