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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 37,090,223 $ 45,323,062
Prepaid contract research and manufacturing 624,991 915,222
Other prepaid expenses and other current assets 618,777 219,660
Total current assets 38,333,991 46,457,944
Property and equipment, net 28,495 44,578
Intangible asset, net 1,500,000 0
Total Assets 39,862,486 46,502,522
Current liabilities:    
Accounts payable 1,701,163 1,363,485
Accrued compensation and related expenses 448,119 213,313
Accrued restructuring 40,162 270,419
Accrued contract research and manufacturing 204,040 372,239
Other accrued expenses 1,580,336 1,027,394
Total liabilities 3,973,820 3,246,850
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 shares authorized, 78,457,126 and 78,433,916 shares issued and outstanding 7,846 7,843
Additional paid-in capital 275,432,123 274,725,472
Deficit accumulated during the development stage (239,551,303) (231,477,643)
Total stockholders' equity 35,888,666 43,255,672
Total liabilities and stockholders' equity $ 39,862,486 $ 46,502,522