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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 45,323,062 $ 28,424,631
Prepaid contract research and manufacturing 915,222 175,192
Other prepaid expenses and other current assets 219,660 176,181
Total current assets 46,457,944 28,776,004
Property and equipment, net 44,578 151,544
Total Assets 46,502,522 28,927,548
Current liabilities:    
Accounts payable 1,363,485 788,073
Accrued compensation and related expenses 213,313 199,935
Accrued restructuring 270,419 841,184
Accrued contract research and manufacturing 372,239 496,901
Other accrued expenses 1,027,394 685,305
Total current liabilities 3,246,850 3,011,398
Commitments      
Stockholders' equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.0001 par value, 200,000,000 and 100,000,000 shares authorized, 78,433,916 and 67,075,779 shares issued amd outstanding, respectively 7,843 6,708
Additional paid-in capital 274,725,472 240,970,852
Deficit accumulated during the development stage (231,477,643) (215,061,410)
Total stockholders' equity 43,255,672 25,916,150
Total liabilities and stockholders' equity $ 46,502,522 $ 28,927,548