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Statements of Operations (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating expenses:        
Research and development $ 4,602,513 $ 2,397,898 $ 8,387,693 $ 7,895,352
General and administrative 1,446,371 923,491 3,603,528 2,903,468
Total operating expenses 6,048,884 3,321,389 11,991,221 10,798,820
Loss from operations (6,048,884) (3,321,389) (11,991,221) (10,798,820)
Other income (expense)        
Interest expense (392,009) (378,228) (1,173,723) (1,134,684)
Interest income 1,288 152 1,425 1,584
Change in fair value of warrants 86,243 8,510 278,564 24,856
Loss before benefit from income taxes (6,353,362) (3,690,955) (12,884,955) (11,907,064)
Benefit from income taxes     3,652,485  
Net loss $ (6,353,362) $ (3,690,955) $ (9,232,470) $ (11,907,064)
Net loss per common share:        
Basic and Diluted (in dollars per share) $ (0.34) $ (71.67) $ (1.03) $ (245.88)
Weighted-average shares outstanding:        
Basic and Diluted (in shares) 18,592,968 51,499 8,967,324 48,427