Property and Equipment

9 Months Ended

Sep. 30, 2012

Property and Equipment [Abstract]

Property and Equipment

(5) Property and Equipment

At September 30, 2012 and December 31, 2011, net property and equipment at cost consisted of the following:

(In thousands)	September 30, 2012			December 31, 2011
Leasehold improvements	$	525		$	525
Laboratory equipment and other		2,856			2,898
Total property and equipment, at cost		3,381			3,423
Less: accumulated depreciation		(3,113	)		(2,965	)
Property and equipment, net	$	268		$	458

Depreciation expense was approximately $51,000 and $120,000 in the three months ended September 30, 2012 and 2011, respectively, and approximately $201,000 and $373,000 in the nine months ended September 30, 2012 and 2011, respectively.