Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues:
Product royalties				$ 34,225
Research revenues		33,606	14,200	226,843
Contract revenues	15,049,600	4,800	45,099,200	6,800
Total Revenues:	15,049,600	38,406	45,113,400	267,868
Cost of product royalties	375,000	(425,930)	750,000	(128,510)
Expenses:
Research and development	6,546,579	4,720,208	11,258,189	11,410,882
General and administrative	2,209,284	1,930,875	5,050,079	3,695,364
Related party general and administrative, net	19,500	18,750	45,750	37,500
Total Expenses:	8,775,363	6,669,833	16,354,018	15,143,746
Income (loss) from operations	5,899,237	(6,205,497)	28,009,382	(14,747,368)
Interest income	63,501	48,411	120,117	86,194
Derivative (loss) gain	(3,478,793)	1,046,869	(5,346,039)	559,556
Other income (expense), net	50,324	11,866	46,860	(16,044)
Net income (loss)	2,534,269	(5,098,351)	22,830,320	(14,117,662)
Net income (loss) attributable to common stockholders	$ 2,534,269	$ (5,098,351)	$ 22,830,320	$ (14,117,662)
Basic earnings per share:	$ 0.09	$ (0.18)	$ 0.77	$ (0.52)
Diluted earnings per share:	$ 0.08	$ (0.18)	$ 0.76	$ (0.52)