CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended	68 Months Ended
Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
Cash Flows From Operating Activities:
Net Loss	$ (8,258,789)	$ (8,135,466)	$ (63,400,771)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	988	988	6,162
Stock-based compensation expense	296,558	377,405	2,443,161
Purchased in-process research and development			28,156,502
Change in fair value of derivative instruments-warrants	1,036,375		739,591
Changes in operating assets and liabilities:
Security deposit			(14,025)
Accounts payable and accrued expenses	(191,634)	1,244,640	4,097,713
Prepaid expenses and other current assets	136,185	848,825	(861,399)
Net Cash Used in Operating Activities	(6,980,317)	(5,663,608)	(28,833,066)
Cash Flows From Investing Activities:
Net cash paid on Exchange Transaction			(155,326)
Repayment from/(loans to) related parties	295,614	(393,085)	(1,378,473)
Additions to property and equipment			(12,195)
Net Cash Provided by/ (Used in) Investing Activities	295,614	(393,085)	(1,545,994)
Cash Flows From Financing Activities:
Capital contribution by founding shareholders			8,893
Issuance of common stock to founders			2,000
Proceeds from sale of common stock	5,461,242	255,000	31,635,342
Proceeds from exercise of warrants	415,309		415,309
Proceeds from sale of unregistered common stock to founders			18,100
Fees and expenses related to sale of common stock	(395,620)	(25,000)	(1,196,840)
Net Cash Provided by Financing Activities	5,480,931	230,000	30,882,804
Net (decrease) increase in cash and cash equivalents	(1,203,772)	(5,826,693)	503,744
Cash and cash equivalents at beginning of period	1,707,516	7,152,568
Cash and cash equivalents at end of period	503,744	1,325,875	503,744
Supplementary disclosure of cash flow information:
Cash paid for taxes	8,021	900	41,842
Value of warrants classified as derivative liability - net	3,920,500		7,958,506
Value of common stock issued to induce stockholders to extend lock-up agreements			3,235,040
Cash received in escrow for June 30, 2010 direct registered offering		2,499,000
Accrued finder's fees related to registered direct offering in escrow		$ 261,630

The amount of cash in escrow related to the sale of securities through a registered direct offering.

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Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation).

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The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.

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The increase (decrease) during the reporting period in security deposits.

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The net cash inflow or outflow from financing activity for the period.

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The net cash inflow or outflow from investing activity.

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The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

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The cash outflow for cost incurred directly with the issuance of an equity security.

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The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase.

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The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.

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The cash inflow or outflow associated with long-term loans for related parties where one party can exercise control or significant influence over another party, including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from (Payments for) Advances to Affiliates.

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The cash inflow associated with the amount received from holders exercising their stock warrants.

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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