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Condensed Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue $ 6,316,998 $ 6,428,840 $ 12,466,050 $ 12,766,562
Operating Expenses:        
Research and development 4,918,655 5,984,098 9,624,012 11,804,472
General and administrative 2,780,099 3,409,372 5,728,580 8,349,026
Depreciation and amortization 76,448 116,690 162,358 234,319
Total operating expenses 7,775,202 9,510,160 15,514,950 20,387,817
Loss from operations (1,458,204) (3,081,320) (3,048,900) (7,621,255)
Other income (expense):        
Interest income 4,819 3,381 7,807 6,535
Interest expense (111,353) (15,173) (114,381) (30,608)
Other income (expense) 519 (32,722) 53,434 (44,628)
Change in fair value of derivative instruments 823,809 688,221 (167,853) 3,176,686
Total other income (expense) 717,794 643,707 (220,993) 3,107,985
Net loss before income taxes (740,410) (2,437,613) (3,269,893) (4,513,270)
Income tax expense (16,133)   (166,538)  
Net loss $ (756,543) $ (2,437,613) $ (3,436,431) $ (4,513,270)
Basic and diluted net loss per share $ (0.02) $ (0.05) $ (0.07) $ (0.10)
Weighted average shares used in calculation of basic and diluted net loss per share 48,325,945 46,631,396 48,297,919 46,454,968