Revenue - Additional Information (Detail) (USD $)
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12 Months Ended |
1 Months Ended |
12 Months Ended |
1 Months Ended |
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Dec. 31, 2014
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Dec. 31, 2013
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Aug. 31, 2011
Tranches
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Aug. 31, 2009
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Dec. 31, 2011
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Dec. 31, 2012
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Sep. 30, 2010
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May 31, 2011
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Feb. 28, 2013
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Deferred Revenue Arrangement [Line Items] |
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Revenue |
$ 5,365,054us-gaap_Revenues
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$ 12,427,292us-gaap_Revenues
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Collaboration agreement, license revenue |
473,039us-gaap_LicenseAndServicesRevenue
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5,159,425us-gaap_LicenseAndServicesRevenue
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Collaboration agreement, milestone payments |
3,184,988us-gaap_RevenueRecognitionMilestoneMethodRevenueRecognized
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1,128,630us-gaap_RevenueRecognitionMilestoneMethodRevenueRecognized
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Research and development services revenue |
876,619us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
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3,591,855us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
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BIO Cluster M4 [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Grant received |
116,020us-gaap_ResearchAndDevelopmentArrangementWithFederalGovernmentCustomerFundingToOffsetCostsIncurred / us-gaap_ProductOrServiceAxis = pirs_BioClusterM4Member
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117,023us-gaap_ResearchAndDevelopmentArrangementWithFederalGovernmentCustomerFundingToOffsetCostsIncurred / us-gaap_ProductOrServiceAxis = pirs_BioClusterM4Member
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Funding rate |
40.00%pirs_PercentageOfContributionToFund / us-gaap_ProductOrServiceAxis = pirs_BioClusterM4Member
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BIO Cluster M4 [Member] | Maximum [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
1,375,017us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_ProductOrServiceAxis = pirs_BioClusterM4Member / us-gaap_RangeAxis = us-gaap_MaximumMember
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Seventh Research Framework Program (FP7 Agreement) [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Grant received |
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2,915,559us-gaap_ResearchAndDevelopmentArrangementWithFederalGovernmentCustomerFundingToOffsetCostsIncurred / us-gaap_ProductOrServiceAxis = pirs_SeventhResearchFrameworkProgramMember
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European Union [Member] | Seventh Research Framework Program (FP7 Agreement) [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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7,260,600us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_ProductOrServiceAxis = pirs_SeventhResearchFrameworkProgramMember / us-gaap_StatementGeographicalAxis = us-gaap_EuropeanUnionMember
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Funding rate |
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64.00%pirs_PercentageOfContributionToFund / us-gaap_ProductOrServiceAxis = pirs_SeventhResearchFrameworkProgramMember / us-gaap_StatementGeographicalAxis = us-gaap_EuropeanUnionMember
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Tranches of payments |
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3pirs_NumberOfTranches / us-gaap_ProductOrServiceAxis = pirs_SeventhResearchFrameworkProgramMember / us-gaap_StatementGeographicalAxis = us-gaap_EuropeanUnionMember
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Other Arrangement [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Research and development services revenue |
0us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned / us-gaap_TypeOfArrangementAxis = pirs_OtherArrangementMember
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138,091us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned / us-gaap_TypeOfArrangementAxis = pirs_OtherArrangementMember
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Allergan Inc [Member] | Collaborative Arrangement [Member] | Maximum [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
13,000,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_AllerganIncMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Allergan Inc [Member] | Collaborative Arrangement [Member] | Upfront Payment Arrangement [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, license revenue |
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10,000,000us-gaap_LicenseAndServicesRevenue / us-gaap_CounterpartyNameAxis = pirs_AllerganIncMember / us-gaap_DeferredRevenueArrangementTypeAxis = us-gaap_UpFrontPaymentArrangementMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, revenue recognized |
1,400,000us-gaap_RecognitionOfDeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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4,200,000us-gaap_RecognitionOfDeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Collaboration agreement, milestone payments |
900,000us-gaap_RevenueRecognitionMilestoneMethodRevenueRecognized / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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0us-gaap_RevenueRecognitionMilestoneMethodRevenueRecognized / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Description of factors in determining milestones substantive |
Factors considered in determining the options were substantive were whether (i) Sanofi could obtain the overall objective of the agreement without exercising any options, (ii) Sanofi was able to obtain value from the initial licenses obtained without exercising any options, (iii) the cost to exercise the options was significant relative to the total upfront payment of $4.9 million for two licenses and four options, and (iv) exercising the option created additional financial commitments for Sanofi or imposed economic penalties on Sanofi.
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Collaborative arrangement, consideration |
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8,100,000us-gaap_DeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Expired Option Agreement [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, revenue recognized |
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700,000us-gaap_RecognitionOfDeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TransactionTypeAxis = pirs_ExpiredOptionAgreementMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Options Exercised [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, revenue recognized |
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350,000us-gaap_RecognitionOfDeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TransactionTypeAxis = pirs_OptionsExercisedMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Collaborative arrangement, consideration |
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350,000us-gaap_DeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TransactionTypeAxis = pirs_OptionsExercisedMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Options, Exercised Price [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaborative arrangement, consideration |
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1,400,000us-gaap_DeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_TransactionTypeAxis = pirs_OptionsExercisedPriceOneMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Maximum [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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55,900,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Maximum [Member] | Research Milestones [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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2,100,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersByTypeAxis = pirs_ResearchAndDevelopmentMilestonesMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Maximum [Member] | Development Milestones [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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32,100,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersByTypeAxis = pirs_DevelopmentMilestonePaymentsMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Maximum [Member] | Commercial Milestones [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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21,800,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersByTypeAxis = pirs_CommercialMilestonesMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Licenses [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaborative arrangement, consideration |
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3,500,000us-gaap_DeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_ProductOrServiceAxis = pirs_LicensingMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Options to Acquire Additional Licenses [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaborative arrangement, consideration |
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1,400,000us-gaap_DeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_ProductOrServiceAxis = pirs_LicenseOptionMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Research Services [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Research collaboration agreement, estimated period |
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2 years
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Collaborative arrangement, consideration |
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3,200,000us-gaap_DeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_ProductOrServiceAxis = pirs_ResearchAndDevelopmentServicesMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Sanofi [Member] | Collaborative Arrangement [Member] | Research Services [Member] | Extension Term [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Research collaboration agreement, estimated period |
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40 months
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Sanofi [Member] | Collaborative Arrangement [Member] | Upfront Payment Arrangement [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, license revenue |
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4,900,000us-gaap_LicenseAndServicesRevenue / us-gaap_CounterpartyNameAxis = pirs_SanofiMember / us-gaap_DeferredRevenueArrangementTypeAxis = us-gaap_UpFrontPaymentArrangementMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Daiichi Sankyo Inc [Member] | Collaborative Arrangement [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Research collaboration agreement, estimated period |
2 years
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Collaboration agreement, revenue recognized |
3,000,000us-gaap_RecognitionOfDeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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5,600,000us-gaap_RecognitionOfDeferredRevenue / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Collaboration agreement, milestone payments |
2,300,000us-gaap_RevenueRecognitionMilestoneMethodRevenueRecognized / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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1,100,000us-gaap_RevenueRecognitionMilestoneMethodRevenueRecognized / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Daiichi Sankyo Inc [Member] | Collaborative Arrangement [Member] | Maximum [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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98,700,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Daiichi Sankyo Inc [Member] | Collaborative Arrangement [Member] | Maximum [Member] | Research Milestones [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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2,800,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersByTypeAxis = pirs_ResearchAndDevelopmentMilestonesMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Daiichi Sankyo Inc [Member] | Collaborative Arrangement [Member] | Maximum [Member] | Development Milestones [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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40,500,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersByTypeAxis = pirs_DevelopmentMilestonePaymentsMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Daiichi Sankyo Inc [Member] | Collaborative Arrangement [Member] | Maximum [Member] | Commercial Milestones [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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54,500,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersByTypeAxis = pirs_CommercialMilestonesMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Daiichi Sankyo Inc [Member] | Collaborative Arrangement [Member] | Maximum [Member] | Additional Diagnostic Milestones [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, milestone payments |
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900,000us-gaap_ContractsReceivableClaimsAndUncertainAmounts / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ResearchAndDevelopmentArrangementContractToPerformForOthersByTypeAxis = pirs_AdditionalMilestonePaymentMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Daiichi Sankyo Inc [Member] | Collaborative Arrangement [Member] | Upfront Payment Arrangement [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Collaboration agreement, license revenue |
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10,100,000us-gaap_LicenseAndServicesRevenue / us-gaap_CounterpartyNameAxis = pirs_DaiichiSankyoIncMember / us-gaap_DeferredRevenueArrangementTypeAxis = us-gaap_UpFrontPaymentArrangementMember / us-gaap_TypeOfArrangementAxis = us-gaap_CollaborativeArrangementMember
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Collaboration Partner One [Member] | Sales Revenue, Net [Member] | Revenue From Partners [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Revenue |
2,981,992us-gaap_Revenues / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_SalesRevenueNetMember / us-gaap_ConcentrationRiskByTypeAxis = pirs_RevenueFromPartnersMember / us-gaap_CounterpartyNameAxis = pirs_PartnerOneMember
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5,573,441us-gaap_Revenues / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_SalesRevenueNetMember / us-gaap_ConcentrationRiskByTypeAxis = pirs_RevenueFromPartnersMember / us-gaap_CounterpartyNameAxis = pirs_PartnerOneMember
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Collaboration Partner Two [Member] | Sales Revenue, Net [Member] | Revenue From Partners [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Revenue |
1,354,861us-gaap_Revenues / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_SalesRevenueNetMember / us-gaap_ConcentrationRiskByTypeAxis = pirs_RevenueFromPartnersMember / us-gaap_CounterpartyNameAxis = pirs_PartnerTwoMember
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4,168,278us-gaap_Revenues / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_SalesRevenueNetMember / us-gaap_ConcentrationRiskByTypeAxis = pirs_RevenueFromPartnersMember / us-gaap_CounterpartyNameAxis = pirs_PartnerTwoMember
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Government Grant [Member] | Sales Revenue, Net [Member] | Revenue From Partners [Member] |
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Deferred Revenue Arrangement [Line Items] |
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Revenue |
$ 714,388us-gaap_Revenues / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_SalesRevenueNetMember / us-gaap_ConcentrationRiskByTypeAxis = pirs_RevenueFromPartnersMember / us-gaap_CounterpartyNameAxis = pirs_GovernmentGrantMember
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$ 2,430,358us-gaap_Revenues / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_SalesRevenueNetMember / us-gaap_ConcentrationRiskByTypeAxis = pirs_RevenueFromPartnersMember / us-gaap_CounterpartyNameAxis = pirs_GovernmentGrantMember
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