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Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Licensing revenue $ 125,000   $ 375,000  
Operating expenses:        
Research and development 2,269,228 3,539,309 7,494,981 12,344,559
General and administrative 1,389,539 1,420,258 5,028,988 4,586,005
Total operating expenses 3,658,767 4,959,567 12,523,969 16,930,564
Loss from operations (3,533,767) (4,959,567) (12,148,969) (16,930,564)
Other income (expense):        
(Loss) gain from change in valuation of common stock warrant liability (518,843) (881,127) 8,141,574 (1,250,850)
Investment income (loss), net 144,532 (5,581) 228,227 61,828
Interest expense (162,774) (171,720) (519,913) (187,995)
Other expense (669)   (2,530) (1,040)
Total other income (expense), net (537,754) (1,058,428) 7,847,358 (1,378,057)
Net loss (4,071,521) (6,017,995) (4,301,611) (18,308,621)
Non-cash deemed dividend from beneficial conversion feature on convertible preferred stock     (4,601,410)  
Net loss attributable to common shareholders $ (4,071,521) $ (6,017,995) $ (8,903,021) $ (18,308,621)
Net loss attributable to common shareholders per common share – basic and diluted (in Dollars per share) $ (0.30) $ (0.80) $ (0.76) $ (2.47)
Weighted average shares outstanding – basic and diluted (in Shares) 13,601,800 7,475,958 11,755,611 7,425,072