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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Royalties $ 27,012 $ 24,483 $ 78,453 $ 70,244
Sale of royalty rights 0 0 25,000 0
Milestones and license fees 7 19 7 5,044
Product sales 0 99 0 99
Total revenues 27,019 24,601 103,460 75,387
Operating expenses        
Cost of royalties 0 0 0 500
Cost of license fees 0 2 0 2,540
Research and development 17,957 20,227 70,797 52,267
General and administrative 8,329 6,413 25,769 17,028
Total operating expenses 26,286 26,642 96,566 72,335
Operating income (loss) 733 (2,041) 6,894 3,052
Other income (expense)        
Interest income, net 64 70 224 260
Interest expense (4,444) (10,589) (14,445) (31,150)
Other 323 211 795 225
Total other expense, net (4,057) (10,308) (13,426) (30,665)
Loss before income tax expense (3,324) (12,349) (6,532) (27,613)
Income tax expense 0 0 0 18
Net loss $ (3,324) $ (12,349) $ (6,532) $ (27,631)
Net loss per common and potential common share        
Basic $ (0.04) $ (0.14) $ (0.08) $ (0.35)
Diluted $ (0.04) $ (0.14) $ (0.08) $ (0.35)
Weighted average common and potential common shares outstanding        
Basic shares 86,947 86,749 86,910 79,417
Diluted shares 86,947 86,749 86,910 79,417