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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended 68 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Revenues $ 0 $ 0 $ 0 $ 0 $ 0
Costs and Expenses:          
Research and development 2,354,450 4,395,266 3,832,576 5,579,128 18,826,976
Purchased in-process research and development         28,156,502
General and administrative 1,524,402 1,419,019 3,422,028 2,617,302 16,321,028
Loss from Operations (3,878,852) (5,814,285) (7,254,604) (8,196,430) (63,304,506)
Interest and investment income 20,003 27,724 44,067 60,964 232,545
Interest expense     (11,877)   (11,877)
Other Income         494,479
Change in fair value of derivative instruments-warrants (697,660)   (1,036,375)   (739,591)
Loss from Continuing Operations (4,556,509) (5,786,561) (8,258,789) (8,135,466) (63,328,950)
Loss from discontinued operations         (71,821)
Net Loss $ (4,556,509) $ (5,786,561) $ (8,258,789) $ (8,135,466) $ (63,400,771)
Weighted Average Common Shares Outstanding Basic (in shares) 93,285,801 88,462,128 92,812,943 88,442,851  
Weighted Average Common Shares Outstanding Diluted (in shares) 93,285,801 88,462,128 92,812,943 88,442,851  
Net Loss per Common Share, Basic and Diluted (in dollars per share) $ (0.05) $ (0.07) $ (0.09) $ (0.9)