Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating expenses:        
Research and development $ 1,609 $ 5,361 $ 8,473 $ 19,130
General and administrative 2,737 2,143 7,218 7,126
Loss from operations (4,346) (7,504) (15,691) (26,256)
Other income/(expense):        
Interest income 168 165 517 350
Interest expense (121) (493) (1,206) (1,454)
Change in fair value of short-term investment (293) 0 (293) 0
Net loss $ (4,592) $ (7,832) $ (16,673) $ (27,360)
Basic and diluted net loss per common share $ (0.13) $ (0.24) $ (0.46) $ (0.95)
Weighted average common shares outstanding—basic and diluted 36,024,810 32,634,683 35,977,355 28,664,822