Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Loss and Comprehensive Loss

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Consolidated Statements of Loss and Comprehensive Loss (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Statement Of Income And Comprehensive Income [Abstract]        
COLLABORATION REVENUE [note 3] $ 9,862 $ 6,570 $ 21,278 $ 10,315
EXPENSES        
Research and development 18,004 12,895 42,122 24,303
General and administrative 2,473 1,965 7,446 5,749
Total operating expenses 20,477 14,860 49,568 30,052
OTHER INCOME (EXPENSE)        
Interest income 33 86 124 227
Other (11) (24) 121 (7)
Gain on warrants 539 2,308 2,874 2,522
Total other income 561 2,370 3,119 2,742
Net loss (10,054) (5,920) (25,171) (16,995)
OTHER COMPREHENSIVE LOSS        
Net unrealized gain on securities 24 38 3 19
Comprehensive loss $ (10,030) $ (5,882) $ (25,168) $ (16,976)
Basic and diluted net loss per common share [note 5] $ (0.68) $ (0.40) $ (1.72) $ (1.29)
Weighted average number of common shares [note 5] 14,690,984 14,619,842 14,675,244 13,141,940