Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Revenues:
Product royalties		$ 2,659,728		$ 2,693,954
Research revenues			13,375	226,843
Contract revenues	49,600	4,000	45,148,800	10,800
Total Revenues:	49,600	2,663,728	45,162,175	2,931,597
Cost of product royalties	375,000	1,507,125	1,125,000	1,378,615
Expenses:
Research and development	12,546,912	6,215,106	23,804,276	17,625,989
General and administrative	2,992,354	2,593,913	8,042,433	6,289,277
Related party general and administrative, net	20,000	20,250	65,750	57,750
Total Expenses:	15,559,266	8,829,269	31,912,459	23,973,016
Loss (income) from operations	(15,884,666)	(7,672,666)	12,124,716	(22,420,034)
Interest income	90,167	61,409	210,284	147,604
Derivative (loss) gain	(3,525,011)	2,472,550	(8,871,050)	3,032,106
Other income (expense), net	16,377	15,156	63,237	(889)
Net (loss) income	(19,303,133)	(5,123,551)	3,527,187	(19,241,213)
Net (loss) income attributable to common stockholders	$ (19,303,133)	$ (5,123,551)	$ 3,527,187	$ (19,241,213)
Basic earnings per share:	$ (0.64)	$ (0.17)	$ 0.12	$ (0.69)
Diluted earnings per share:	$ (0.64)	$ (0.17)	$ 0.12	$ (0.69)