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Collaboration and Other Agreements - Collaboration and License Agreement with Janssen Biotech, Inc (Details Narrative) (Collaboration and License Agreement with Janssen Biotech, Inc (Janssen), USD $)
In Thousands, unless otherwise specified
1 Months Ended 12 Months Ended
Dec. 31, 2011
Jun. 30, 2012
Non-refundable upfront payment upon execution $ 150,000  
Maximum milestone payments received 825,000  
Percent Of Cost Sharing Arrangement Janssen Share 60.00%  
Percent Of Cost Sharing Arrangement By Company 40.00%  
Description of sharing cost and pre tax lossess (the "Excess Amounts")   In the event that our share of aggregate development costs in any given calendar year, together with any other amounts that become due from us, plus our share of pre-tax loss (if any) for any calendar quarter in such calendar year, less our share of pre-tax profit (if any) for any calendar quarter in such calendar year, exceeds $50,000,000, then amounts that are in excess of $50,000,000 (the Excess Amounts) shall be borne by Janssen.
Maximum cost sharing amount incurred   50,000
Description of interest rate calculation   Interest shall be accrued on the outstanding balance with interest calculated at the average annual European Interbank Offered Rate (EURIBOR) for the EURO or London Interbank Offered Rate (LIBOR) for U.S. Dollars as reported in the Wall Street Journal, plus 2%, calculated on the number of days from the date on which our payment would be due to Janssen.
Interest rate on outstanding balance   2.00%
Maximum total excess amounts plus interest 225,000  
Maximum percentage of interest on oustanding excess amount (in percent) 5.00%  
Maximum interest on oustanding excess amount 25,000  
Interest expense recognized in connection with the Excess Amounts   0
Description of net profit sharing arrangement for the commercialization   Agreement also includes a 50/50 net profit sharing arrangement for the commercialization of any products resulting from the collaboration.
Estimated weighted average cost of capital (in percent) 12.00%  
Minimum license royalty rates (in percent) 30.00%  
Maximum license royalty rates (in percent) 40.00%  
Research And Development Costs Total Under Janssen Collaboration Agreement   43,272
Portion of research and development expense of Janssen   18,381
Decrease in general and administrative expense   4
Accounts receivable due from Janssen   5,799
Continued Development Progress
   
Maximum milestone payments received 250,000  
Achievement of Regulatory Progress
   
Maximum milestone payments received 225,000  
Regulatory Approval
   
Maximum milestone payments received 350,000  
Licenses
   
Non-refundable upfront payment upon execution 70,605  
Committee Services
   
Non-refundable upfront payment upon execution 14,982  
Services revenue recognized period 17 years  
Development Services
   
Non-refundable upfront payment upon execution $ 64,413  
Services revenue recognized period 9 years