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Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Licensing revenue $ 500,000   $ 2,000,000
Research and development 9,364,228 15,770,166 19,863,836
General and administrative 6,547,257 6,372,551 5,154,933
Total operating expenses 15,911,485 22,142,717 25,018,769
Loss from operations (15,411,485) (22,142,717) (23,018,769)
Non-cash deemed dividend from beneficial conversion feature on convertible preferred stock (4,601,410)    
Net loss attributable to common shareholders (12,852,768) (26,568,382) (23,222,678)
Net loss per common share – basic and diluted (in Dollars per share) $ (0.95) $ (3.44) $ (5.00)
Weighted average common shares outstanding –basic and diluted (in Shares) 13,540,566 7,730,904 4,648,373
Gain (loss) from valuation of common stock warrant liability 8,090,636 (4,117,534) 81,733
Investment (loss) income, net (12,744) 52,322 174,064
Interest expense (915,235) (359,413) (501,855)
Other (expense) income (2,530) (1,040) 42,149
Total other income (expense) 7,160,127 (4,425,665) (203,909)
Net Loss [Member]
     
Loss from operations $ (8,251,358) $ (26,568,382) $ (23,222,678)