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Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Revenues:    
Collaborative research and development $ 25,081 $ 173
Royalty income 226 424
Total revenues 25,307 597
Operating expenses:    
Research and development 2,784 2,504
General and administrative 1,734 1,811
Total operating expenses 4,518 4,315
Income (loss) from operations 20,789 (3,718)
Interest income 3 1
Income (loss) before income taxes 20,792 (3,717)
Income tax (expense) benefit (226) 30
Net income (loss) 20,566 (3,687)
Net income (loss) per common share:    
Basic $ 0.70 $ (0.14)
Diluted $ 0.67 $ (0.14)
Weighted average common shares:    
Basic 29,322,708 25,917,924
Diluted 30,764,894 25,917,924
Net income (loss) 20,566 (3,687)
Other comprehensive (loss) income:    
Foreign currency translation adjustments (50) 65
Net unrealized loss on marketable securities (3)  
Other comprehensive (loss) income (53) 65
Comprehensive income (loss) $ 20,513 $ (3,622)