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RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Oct. 03, 2014
Feb. 28, 2015
Jan. 30, 2012
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Oct. 31, 2014
Nov. 09, 2012
Related Party Transaction [Line Items]                    
Sale of Stock, Price Per Share       $ 16.19   $ 16.19        
Other research and development       $ 9,902,214 $ 2,336,771 $ 18,181,645 $ 4,845,029      
Prepaid Research And Development       10,921,958   10,921,958   $ 6,179,743    
LFB License Agreement [Member]                    
Related Party Transaction [Line Items]                    
Sale of Stock, Number of Shares Issued in Transaction   114,855                
Sale of Stock, Price Per Share   $ 6.53                
Sale of Stock, Consideration Received on Transaction   $ 750,000                
Minimum Value of Shares To Be Purchased           750,000        
Opus [Member]                    
Related Party Transaction [Line Items]                    
Accounts Payable       37,000   37,000        
Costs and Expenses, Related Party           116,000        
LFB Group [Member]                    
Related Party Transaction [Line Items]                    
Stock Issued During Period, Shares, New Issues     5,000,000              
Other research and development           2,300,000 $ 183,000      
Accounts Payable       1,800,000   1,800,000   52,000    
Number Of Common Stock Shares Granted In Connection With License Agreement By Issue Of Warrants     2,500,000              
Common Stock Purchase Price Per Share     $ 0.001              
Prepaid Research And Development       $ 5,707,223   $ 5,707,223   $ 1,886,518    
LFB Group [Member] | Maximum [Member]                    
Related Party Transaction [Line Items]                    
Equity Method Investment, Ownership Percentage                   10.00%
LFB Group [Member] | Subsequent Event [Member]                    
Related Party Transaction [Line Items]                    
Number Of Common Stock Shares Granted In Connection With License Agreement By Excercise Of Warrants           2,500,000        
Common Stock Excercise Of Warrants Purchase Price Per Share       $ 0.001   $ 0.001        
Desk Agreement [Member]                    
Related Party Transaction [Line Items]                    
Costs and Expenses, Related Party           $ 80,000        
Average Annual Rental Payments $ 1,100,000                  
Operating Leases, Indemnification Agreements, Description This Desk Agreement requires us to pay our respective share of the average annual rent and other costs of the 15 year lease.                  
Security Deposit                 $ 600,000  
Percentage of Occupancy 40.00%