Annual report pursuant to Section 13 and 15(d)

Accrued Liabilities and other Long-Term Liabilities

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Accrued Liabilities and other Long-Term Liabilities
12 Months Ended
Dec. 31, 2012
Accrued Liabilities and other Long-Term Liabilities [Abstract]  
Accrued Liabilities and other Long-Term Liabilities

5. Accrued Liabilities and other Long-Term Liabilities

Accrued expenses and other long-term liabilities consisted of the following:

 

                 
($ in thousands)   As of December 31,  
  2012     2011  

Accrued expenses:

               

Salaries, bonuses and related benefits

  $ 1,064     $ 493  

Severance (see Note 15)

    354       —    

Professional fees

    320       215  

Research and development expenses

    403       653  

Accrued milestone

    —         1,500  

Other

    44       38  
   

 

 

   

 

 

 

Total accrued expenses

  $ 2,185     $ 2,899  
   

 

 

   

 

 

 

Other long-term liabilities:

               

Hercules Note end of term charge (Note 10)

    398       —    

Ovamed manufacturing rights (Note 14)

    1,043       —    
   

 

 

   

 

 

 

Total other long-term liabilities

  $ 1,441     $ —