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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
6 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2018
Dec. 31, 2017
Jun. 30, 2016
Revenues:        
Total revenues $ 21,506 $ 53,446 $ 115,447 $ 60,002
Operating Expenses:        
Research and development 66,566 174,456 139,739 148,077
General and administrative 17,995 36,746 33,911 36,916
Restructuring charge 4,431 3,693 779  
Total operating expenses 88,992 214,895 174,429 184,993
Loss from operations (67,486) (161,449) (58,982) (124,991)
Investment income, net 259 4,227 1,146 325
Non-cash interest expense on liability related to the sale of future royalties and convertible senior notes (8,665) (10,631) (13,682) (20,130)
Interest expense on convertible senior notes (2,249) (95) (3,040) (138)
Non-cash debt conversion expense     (22,915)  
Other (expense) income, net (742) (895) 1,461 117
Net loss $ (78,883) $ (168,843) $ (96,012) $ (144,817)
Basic and diluted net loss per common share (in dollar per share) $ (0.91) $ (1.21) $ (0.98) $ (1.67)
Basic and diluted weighted average common shares outstanding (in shares) 87,102 139,946 98,068 86,976
Total comprehensive loss $ (78,883) $ (168,843) $ (96,012) $ (144,817)
License and milestone fees        
Revenues:        
Total revenues 5,152 15,280 79,469 26,915
Royalty revenue        
Revenues:        
Total revenues       195
Non-cash royalty revenue related to the sale of future royalties        
Revenues:        
Total revenues 12,894 32,154 28,142 25,299
Research and development support        
Revenues:        
Total revenues 2,781 1,377 3,482 4,014
Clinical materials revenue        
Revenues:        
Total revenues $ 679 $ 4,635 $ 4,354 $ 3,579