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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Revenues:        
Research and development support $ 2,257 $ 1,320 $ 5,670 $ 3,333
License and milestone fees 22,010 999 23,372 8,211
Clinical materials revenue 734 933 2,662 1,861
Total revenues 25,001 3,252 31,704 13,405
Operating Expenses:        
Research and development 21,318 16,933 66,674 49,653
General and administrative 4,995 5,021 16,098 14,696
Total operating expenses 26,313 21,954 82,772 64,349
Loss from operations (1,312) (18,702) (51,068) (50,944)
Other (expense) income, net (39) 33 132 39
Net loss (1,351) (18,669) (50,936) (50,905)
Basic and diluted net loss per common share (in dollars per share) $ (0.02) $ (0.24) $ (0.61) $ (0.66)
Basic and diluted weighted average common shares outstanding (in shares) 84,279 76,961 83,923 76,615
Comprehensive loss $ (1,351) $ (18,669) $ (50,936) $ (50,905)