Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash Flows from Operating Activities
Net loss	$ (8,508,592)	$ (4,491,868)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	41,850	2,877
Amortization of debt issuance costs	13,848	28,229
Amortization of bond premium	137,897
Re-measurement of fair value of stock warrants liability	7,263	122,202
Stock based compensation	722,358	377,388
(Decrease) increase in cash arising from changes in assets and liabilities:
Related party receivable	(18,446)	(10,813)
Prepaid expenses and other current assets	418,275	(742,029)
Restricted cash	(100,000)	24,672
Deposits	(10,478)
Accounts payable	28,561	(112,943)
Accrued expenses and other payables	(56,888)	28,071
Accrued interest	(25,364)	8,387
Net Cash Used in Operating Activities	(7,349,716)	(4,765,827)
Cash Flows from Investing Activities
Proceeds from maturities of short term investments	13,827,773
Purchases of short term investments	(8,783,623)
Purchase of property and equipment	(452,444)	(5,194)
Net Cash Provided by (Used in) Investing Activities	4,591,706	(5,194)
Cash Flows from Financing Activities
Proceeds from initial public offering, net of underwriters discounts		25,110,000
Proceeds from long term debt	1,435,283
Payments on notes payable		(725,000)
Payments on convertible notes payable		(197,099)
Issuance of common stock		47,957
Proceeds from the exercise of stock options	37,719	540
Stock issuance costs		(942,052)
Net Cash Provided by Financing Activities	1,473,002	28,344,436
Net (Decrease) Increase in Cash and Cash Equivalents	(1,285,008)	23,573,415
Cash and Cash Equivalents - Beginning of Period	4,566,992	5,030
Cash and Cash Equivalents - End of Period	3,281,984	23,578,445
Supplemental Disclosure for Cash Flow Information
Interest paid	8,138	51,575
Supplemental Schedule of Noncash Investing and Financing Activities
Beneficial conversion charge		2,300,000
Conversion of convertible note payable to accounts payable		197,099
Preferred stock dividend		361,668
Non-cash conversion of preferred stock into common stock		386
Cashless exercise of stock warrants	452,874
Series B-1 Preferred Stock [Member]
Cash Flows from Financing Activities
Issuance of preferred stock		$ 5,050,090