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Condensed Statements of Operations and Comprehensive Income (Loss) (USD $)
3 Months Ended 6 Months Ended 80 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Revenues $ 154,551 $ 1,026,984 $ 596,117 $ 2,210,639 $ 10,994,266
Costs and Expenses          
Research and development 4,830,139 6,701,046 9,220,463 15,295,772 88,906,146
Selling, general and administrative 1,186,213 1,641,710 2,680,324 4,095,578 38,502,354
Impairment loss 0 78,000,000 0 78,000,000 79,769,480
Total Costs and Expenses 6,016,352 86,342,756 11,900,787 97,391,350 207,177,980
Loss from Operations (5,861,801) (85,315,772) (11,304,670) (95,180,711) (196,183,714)
Other Income/(Expense), net (44,066) 146,837 (111,702) 357,189 1,760,406
Net Loss (5,905,867) (85,168,935) (11,416,372) (94,823,522) (194,423,308)
Other Comprehensive Income (Loss)          
Unrealized gain (loss) on investments 0 (2,222) 0 1,623 0
Comprehensive Loss $ (5,905,867) $ (85,171,157) $ (11,416,372) $ (94,821,899) $ (194,423,308)
Net Loss Per Share (Basic and diluted) (in dollars per share) $ (0.14) $ (2.63) $ (0.28) $ (2.93)  
Weighted Average Common Shares Outstanding (Basic and diluted) (in shares) 41,172,019 32,427,846 40,861,375 32,361,011