Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF OPERATIONS

v2.4.0.8
STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
STATEMENTS OF OPERATIONS        
Contract revenues from collaborations       $ 1,400
Costs and expenses:        
Research and development 16,151 17,574 53,083 57,282
General and administrative 4,889 4,677 15,798 14,964
Restructuring charges   1,679   1,679
Total costs and expenses 21,040 23,930 68,881 73,925
Loss from operations (21,040) (23,930) (68,881) (72,525)
Interest income 98 106 245 359
Net loss $ (20,942) $ (23,824) $ (68,636) $ (72,166)
Net loss per share, basic and diluted (in dollars per share) $ (0.24) $ (0.27) $ (0.78) $ (0.83)
Weighted average shares used in computing net loss per share, basic and diluted (in shares) 87,793 87,430 87,618 87,240