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
Mar. 31, 2014
Mar. 31, 2013
Statement Of Income And Comprehensive Income [Abstract]    
COLLABORATION REVENUE [note 3] $ 11,731 $ 5,076
EXPENSES    
Research and development 16,903 10,855
General and administrative 2,757 2,500
Total operating expenses 19,660 13,355
OTHER INCOME (EXPENSE)    
Interest income 12 52
Other 2 96
Gain (loss) on warrants (721) 1,434
Total other income (expense) (707) 1,582
Net loss (8,636) (6,697)
OTHER COMPREHENSIVE LOSS    
Net unrealized loss on securities (1) (6)
Total other comprehensive loss (1) (6)
Comprehensive loss $ (8,637) $ (6,703)
Basic and diluted net loss per common share [note 5] $ (0.59) $ (0.46)
Weighted average number of common shares [note 5] 14,721,500 14,660,643