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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net loss $ (68,881) $ (96,853) $ (111,377)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 830 1,580 1,609
Accretion and amortization on investments, net 2,184 4,422 3,568
Accretion of discount on long-term debt   51  
Loss on debt extinguishment   1,664  
(Gain) loss on sale/retirement of property and equipment (142) 5 75
Loss on impairment of excess equipment 271 874  
Loss on sale of marketable securities   2  
Issuance of common stock in connection with acquired in-process research technology   594 27,500
Issuance of common stock in exchange for services by non-employees 183 744 8,673
Stock-based compensation for employees and directors 5,311 15,249 13,718
Amortization related to 401(k) contributions 726 709 647
Loss on equity method investment   503 2,347
Unrealized gain on fair value of derivatives (13) (643) (190)
Changes in assets and liabilities:      
Interest and other receivables 646 401 (479)
Prepaid assets 1,311 4,085 2,866
Deposits and other assets 112 (658) (45)
Accounts payable 449 (482) 1,288
Accrued compensation and benefits 3,548 944 5,401
Accrued restructuring charges (1,758) 3,730  
Accrued liabilities (92) 1,038 803
Deferred revenue   (350) (700)
Translation adjustment 169 (1) 4
Net cash used in operating activities (55,146) (62,392) (44,292)
Cash flows from investing activities:      
Restricted cash transfer (1) (1) (1)
Loan to related party     (1,500)
Investment in licensee, net     (23)
Purchases of property and equipment (862) (612) (836)
Proceeds from sale of property and equipment 170   2
Purchases of marketable securities (79,369) (144,890) (183,414)
Proceeds from sales of marketable securities   809  
Proceeds from maturities of marketable securities 141,016 176,832 137,320
Proceeds from sale of investment in licensees   1  
Net cash provided by (used in) investing activities 60,954 32,139 (48,452)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt   6,422  
Repayment of long-term debt   (6,422)  
Distribution to TA Therapeutics, Ltd. shareholder     (6)
Proceeds from issuance of common stock and warrants, net of issuance costs 150 386 104,121
Net cash provided by financing activities 150 386 104,115
Net increase (decrease) in cash and cash equivalents 5,958 (29,867) 11,371
Cash and cash equivalents, at beginning of year 16,105 45,972 34,601
Cash and cash equivalents, at end of year 22,063 16,105 45,972
Supplemental disclosure of cash flow information:      
Cash paid for interest   $ 37