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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 55,263$ 70,052
Short-term investments309,500402,301
Contracts receivable1,8581,242
Inventories2,9152,484
Other current assets7,5537,058
Total current assets377,089483,137
Property, plant and equipment, net98,01935,703
Licenses, net10,56212,288
Patents, net16,99415,821
Deposits and other assets3,1213,528
Total assets505,785550,477
Current liabilities:  
Accounts payable6,6536,523
Accrued compensation5,2336,831
Accrued liabilities15,07112,389
Current portion of long-term obligations4,1575,645
Current portion of deferred contract revenue52,42874,502
Total current liabilities83,542105,890
Long-term deferred contract revenue19,41550,413
2 5/8 percent convertible subordinated notes139,239132,895
Long-term obligations, less current portion4,7245,720
Long-term financing liability for leased facility68,89510,147
Investment in Regulus Therapeutics Inc.3,145870
Total liabilities318,960305,935
Stockholders' equity:  
Common stock, $0.001 par value; 200,000,000 shares authorized, 99,723,317 and 99,393,780 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively10099
Additional paid-in capital1,009,3301,000,181
Accumulated other comprehensive income(1,153)949
Accumulated deficit(821,452)(756,687)
Total stockholders' equity186,825244,542
Total liabilities and stockholders' equity$ 505,785$ 550,477