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Condensed Statements of Operations (USD $)
3 Months Ended 52 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Operating expenses      
Research and development $ 356,696 $ 8,048,982 $ 48,490,692
General and administrative 1,325,412 1,131,193 12,199,982
Total operating expenses 1,682,108 9,180,175 60,690,674
Loss from operations (1,682,108) (9,180,175) (60,690,674)
Other income (expense)      
Interest expense, net (4,573,911)   (5,283,355)
Other income 2,786 6,066 100,794
Net loss (6,253,233) (9,174,109) (65,873,235)
Less dividends on preferred stock, not declared (1,094,324) (909,394) (8,509,524)
Less beneficial conversion charge     (4,999,991)
Net loss attributable to common stockholders $ (7,347,557) $ (10,083,503) $ (79,382,750)
Net loss per share (basic and diluted) (in dollars per share) $ (3.08) $ (6.18)  
Weighted average shares outstanding (basic and diluted) (in shares) 2,383,444 1,631,727