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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 296,540 $ 124,482
Short-term investments 294,212 249,964
Contracts receivable 2,024 522
Inventories 8,309 6,121
Investment in Regulus Therapeutics Inc. 62,190 33,622
Other current assets 5,786 8,727
Total current assets 669,061 423,438
Property, plant and equipment, net 88,312 91,084
Licenses, net 5,528 6,579
Patents, net 20,149 18,646
Deposits and other assets 5,601 5,939
Total assets 788,651 545,686
Current liabilities:    
Accounts payable 9,461 10,239
Accrued compensation 7,031 7,878
Accrued liabilities 16,514 15,401
Accrued income taxes 8,727  
Current portion of long-term obligations 4,853 4,879
Current portion of deferred contract revenue 40,409 35,925
Total current liabilities 86,995 74,322
Long-term deferred contract revenue 75,184 66,656
2 3/4 percent convertible senior notes 147,099 143,990
Long-term obligations, less current portion 7,382 7,402
Long-term financing liability for leased facility 70,910 70,550
Total liabilities 387,570 362,920
Stockholders' equity:    
Common stock, $0.001 par value; 200,000,000 shares authorized, 114,291,999 and 101,481,134 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively 114 102
Additional paid-in capital 1,292,745 1,077,150
Accumulated other comprehensive gain 26,986 12,480
Accumulated deficit (918,764) (906,966)
Total stockholders' equity 401,081 182,766
Total liabilities and stockholders' equity $ 788,651 $ 545,686