CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended			73 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2011
Cash Flows From Operating Activities:
Net loss	$ (14,467,036)	$ (15,221,441)	$ (8,125,100)	$ (69,609,018)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	1,976	1,976	1,976	7,150
Stock-based compensation expense	822,046	712,158	1,054,562	2,968,649
Purchased in-process research and development				28,156,502
Change in fair value of derivative instruments-warrants	(5,257,031)	(296,784)		(5,553,815)
Changes in operating assets and liabilities:
Security deposit			(9,625)	(14,025)
Accounts payable and accrued expenses	(2,265,391)	3,285,658	(351,501)	2,023,956
Prepaid expenses and other current assets	(65,818)	64,046	(1,061,630)	(1,063,402)
Total Adjustments	(6,764,218)	3,767,054	(366,218)	26,525,015
Net Cash used in Operating Activities	(21,231,254)	(11,454,387)	(8,491,318)	(43,084,003)
Cash Flows From Investing Activities:
Net cash paid on Exchange Transaction				(155,326)
Loans from (to) related parties	132,631	(701,535)	(282,219)	(1,541,456)
Additions to property and equipment				(12,195)
Net Cash provided by (used in) Investing Activities	132,631	(701,535)	(282,219)	(1,708,977)
Cash Flows From Financing Activities:
Capital contribution by shareholders				8,893
Issuance of common stock				2,000
Proceeds of sale of common stock	34,369,064	7,179,000	15,970,100	60,543,164
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 private placements	(2,148,383)	(468,130)	(260,002)	(2,949,603)
Net Cash provided by Financing Activities	32,635,990	6,710,870	15,710,098	58,037,863
Net increase (decrease) in cash and cash equivalents	11,537,367	(5,445,052)	6,936,561	13,244,883
Cash and cash equivalents at beginning of period	1,707,516	7,152,568	216,007
Cash and cash equivalents at end of period	13,244,883	1,707,516	7,152,568	13,244,883
Supplementary disclosure of cash flow information:
Cash paid for taxes	37,795	31,315	6,289	71,616
Value of warrants classified to derivative liability-net	5,094,186	3,784,743		8,878,929
Value of common stock issued to induce stockholders to extend lock-up agreements		$ 3,235,040		$ 3,235,040